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![]() ![]() Section 6: International Subject: China virus Msg# 1096798
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Forbes Aug 22, 2020 excerpt
"The head of the Securities and Exchange Commission just fired another round across the bow of China’s securities market. It’s not the first time someone in SEC leadership has come out and criticized the lack of transparency of Chinese companies listed on the NYSE. None of them follow the same auditing rules their U.S. counterparts have to follow. Will this latest round find its target?" |
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For reference, the above message is a reply to a message where: Sounds somewhat like there's "Crony Capitalism" going on. Until the SEC is able to audit CCP-funded entities listed on our exchanges, 'Sounds somewhat like' is the best excuse our fund managers have for continually enriching some of the worst human beings on the planet. |