Tag: outbound_investment_security_program

Treasury Issues First Penalty Under Outbound Investment Security Program, Fining Amidi $200,000

7 Oct 2026 2:00 p.m. · Source: US Treasury

Treasury fined Amidi, LLC $200,000 for failing to notify it of a controlled foreign entity's $92,478 investment in Chinese AI firm Noematrix, the first civil penalty under the Outbound Investment Security Program.

Politics and Government Business Science & Technology USA China Federal Government Economy Artificial Intelligence Legal Trade Outbound Investment Security Program U.S. Department of the Treasury Amidi, LLC Noematrix Scott Bessent Christopher Pilkerton US Treasury