The U.S. Department of the Treasury issued a Notice of Proposed Rulemaking on October 22, 2026 that would expand the Outbound Investment Security Program, adding new technology sectors and countries of concern to the restrictions governing certain U.S. investments abroad. The proposed rule implements the Comprehensive Outbound Investment National Security (COINS) Act, which Congress passed as part of the Fiscal Year 2026 National Defense Authorization Act. The statute directs the Treasury…