New legislation regarding Publicly Traded Partnership stocks is coming in 1.1.2023. It makes owning these kind of stocks more complicated for non-US residents and due to that Finnish banks etc. will stop selling these stocks. This will affect my portfolio as I own few of these
- Alliance Resource Partners LP (ARLP)
- Crestwood Equity Partners (CEQP)
- Enterprise Products Partners LP (EPD)
- Lazard Ltd. (LAZ)
I need to sell my position in these stocks by 31.12.2022. Well, time to look into some replacement investments.
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