WASHINGTON – Congresswoman Carolyn B. Maloney (D-NY), author of the law to strengthen the Committee on Foreign Investment in the United States (CFIUS), released the following statement today in response to Borse Dubai’s plan to take a 19.9 percent stake in Nasdaq:

“The new CFIUS law has strengthened our nation’s foreign investment vetting process to prevent another Dubai Ports debacle.  It encourages safe foreign investment without jeopardizing our nation’s security.  

“The Dubai Nasdaq transaction will undergo a CFIUS review under the new standards that we put into place.  I am confident the strengthened review process will bring to light any potential national security concerns.  If there are security concerns, they will come out and we will address them.” 

For more information on Congresswoman Maloney’s work on CFIUS reform, click here. 

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