CovOps
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| Subject: House Passes Bill Forcing Chinese Companies To Agree To Audit Oversight Or Delist From US Thu Dec 03, 2020 12:50 am | |
| Not long after a top US intelligence official unveiled the existence of a Chinese intelligence operation, the House passed a bill that, should it become law, would force Chinese companies listed in the US to either adhere to strict American accounting standards, or delist and go elsewhere. We've reported on the push to pass the bill several times. Trump made the issue a high priority this fall as election day neared. The bill targets a loophole that allows Chinese companies to essentially write their own rules when it comes to auditing, something that has led to literally dozens of corporate frauds that have cost American and international investors billions of dollars.
https://www.zerohedge.com/geopolitical/house-passes-bill-forcing-chinese-companies-agree-audit-oversight-or-delist-us
_________________ Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband “The state calls its own violence law, but that of the individual, crime.”-- Max Stirner "Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann |
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