Tag: ensuring quality Information and transparency for abroad-based listings on our exchanges act
Marco Rubio Calls on President’s Working Group on Financial Markets to Address China’s Exploitation...
Earlier this month, Rubio announced that he plans to introduce legislation in the coming weeks that would ban Chinese state-owned and state-directed companies operating in U.S. capital markets that support the Chinese government and Communist Party’s activities threatening U.S. economic and national security.
The legislation would increase oversight of Chinese and other foreign companies listed on American exchanges and delist firms that are out of compliance with U.S. regulations for a period of three years. Rubio previewed the legislation last year in an op-ed in the Wall Street Journal.