; 15 U.S.C. 1011 et seq.) (commonly known as the McCarran-Ferguson Act ). (B) Policy of the United States Nothing in this section shall be construed to alter the established policy of the United States concerning final status issues associated with the Arab-Israeli conflict, including border delineation, that can only be resolved through direct negotiations between the parties. (C) Scope of nonpreemption Nothing in this section shall be construed as establishing a basis for preempting or implying preemption of State measures relating to actions to boycott, divest from, or sanction Israel that are outside the scope of subsection (a). 3. Safe harbor for changes of investment policies by asset managers Section 13(c)(1) of the Investment Company Act of 1940 ( 15 U.S.C. 80a–13(c)(1) ) is amended— (1) in subparagraph (A), by striking ; or and inserting a semicolon; (2) in subparagraph (B), by striking the period at the end and inserting ; or ; and (3) by adding at the end the following: (C) engage in any boycott, divestment, or sanctions activity targeting Israel described in section 2 of the Combating BDS Act of 2017 . .