Ukraine Gate – Kyiv – June 8, 2022- A spokesman for the financial institution said in an official statement that the US Treasury has prohibited money managers in the United States from buying any Russian debt or shares on secondary markets.
In line with our goal of depriving Russia of the financial resources needed to continue its brutal war against Ukraine, the Treasury Department has made it clear that US citizens are prohibited from making new investments in Russia’s successful development, including by purchasing shares in the secondary market .
The move was also a continuation of the sanctions policy, as well as the restrictions already imposed by the United States on buying Russian shares in the primary market.
Despite the harsh sanctions imposed by Washington after Russia’s unprovoked invasion of Ukraine, Americans are still allowed to trade in assets worth hundreds of billions of dollars in secondary markets that were already in circulation, and it is believed that the current move will further strain the capacity of the Russian economy.