Foreign Investment Disclosure Act

[AI summary unavailable — showing source text] Foreign Investment Disclosure Act - Amends the Securities Exchange Act of 1934 to require any person, after acquiring more than five percent of certain domestic equity securities of a company with assets exceeding $1,000,000, to transmit to the Securities and Exchange Commission specified information regarding the purchaser, percentage, and purpose of such holdings. Makes it unlawful for a foreign investor to acquire more than five percent of the equity securities of a United States company with assets exceeding $1,000,000 without transmitting certain information to the Securities and Exchange Commission 30 days prior to such acquisition. Authorizes the President to prohibit such acquisition (1) for national security, foreign policy, or economic protection, or (2) when the President believes any foreign investor has caused discrimination against a United States company, officer, employee, or shareholder for dealing with a foreign government with which the United States has diplomatic relations or any resident of such country. Amends the Securities Exchange Act of 1934 to require disclosure of the identity, residence, and nationality of the beneficial owner of certain equity securit…