Russian ADRs have been suspended for 5 months. No one can buy, sell, transfer, or convert anything. Is there anything that can be done?


I know Russia is a country that isnt liked and if I could sell I would have done it. But my brokerage suspended the options and has given no updates on how to move on from this situation. Am I screwed until the Russia/Ukraine conflict is over?

The Russian stock ADR situation feels like a test case for 3 important issues as well. The reliability of custody of any security during times of political crisis. Governments' ability to essentially wipe out asset classes at the push of a button. The long-standing question of what could happen to Chinese ADRs.


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