Domestic Industry Safeguard Act

[AI summary unavailable — showing source text] Domestic Industry Safeguard Act - Amends the Securities Exchange Act of 1934 to establish additional reporting requirements for foreign investors. Requires such investors to file statements: (1) specifying whether they intend to sell or close any facility, or terminate or alter any operation, during the two-year period following completion of the acquisition; (2) estimating the number of jobs that are likely to be lost during that two-year period; (3) specifying their aggregate amount of liabilities and equity (before and after such acquisition); and (4) describing the manner in which such assets will be treated and used. Subjects any person who makes false or misleading statements to civil liability. Prohibits such foreign investors from selling, leasing, or disposing of (with certain exceptions) any assets of an issuer during the two years following acquisition. Sets forth additional restrictions with respect to tender offers for securities made or consummated by or for a foreign investor. Directs the Securities and Exchange Commission to conduct a study to: (1) determine the amount of foreign investment in the United States; (2) gather information on corporate takeovers of U.S. …