Tag: securities and exchange commission

Byron Donalds Introduces the Proxy Advice Disclosure Act

This week, U.S. Rep. Byron Donalds, R-Fla., brought out a proposal to “codify a Trump-era U.S. Securities and Exchange Commission (SEC) rule requiring proxy voting advice firms to provide their guidance to both soliciting...

Rupert Darwall: SEC Climate Disclosure Rule is a Duck That Quacks

In his recent memoir, former attorney general William Barr recounts how the Trump administration lost its attempt to include a citizenship question in the 2020 census. After losing in the Supreme Court, Barr briefed...

Marco Rubio, Todd Young Urge State and Defense Departments, SEC About Didi Chuxing

This week, U.S. Sens. Marco Rubio, R-Fla., and Todd Young, R-Ind., sent a letter to U.S. Secretary of State Antony Blinken, U.S. Secretary of Defense Lloyd Austin, and U.S. Securities and Exchange Commission Chair...

Rick Scott Wants SEC to Protect U.S. Investors from Risks Posed By Communist Chinese-Controlled...

Last week, U.S. Sen. Rick Scott, R-Fla., wrote a letter to Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), urging him to address the threats posed by Communist Chinese-controlled companies operating...

Marco Rubio Wants More Oversight for Chinese IPOs

Last week, U.S. Sen. Marco Rubio, R-Fla., introduced a bill “to prohibit initial public offerings (IPOs) on U.S. exchanges for Chinese companies that are out of compliance with U.S. regulators.”

Marco Rubio Introduces Bill to Keep Chinese Military Companies From Accessing American Capital Markets

Rubio’s office noted that the proposal “would prohibit malign Chinese companies — including the parent, subsidiary, affiliate, or a controlling entity — that are listed on the U.S. Department of Commerce Entity List or the U.S. Department of Defense list of Communist Chinese military companies from accessing U.S. capital markets.”

Florida’s Senators Call on Banking Committee to Take Up Equitable Act

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.