US takes new step on delisting Chinese companies from stock exchanges for audit violations
The audit requirement, established in 2002, has been applicable to all foreign companies that seek to issue public stocks in the US. According to the SEC, China and Hong Kong are the only country or territory that house companies refusing to abide by the rules.
Really?!
Commerce Department Has Been Quietly Investigating Wilbur Ross’ Finances For Years
Secretary of Commerce Wilbur Ross, one of President Trump’s longest-serving cabinet members, has been under investigation for most of his tenure in office, according to a report issued Thursday by the inspector general of the commerce department.
Pelosis Take a Big Stake in CrowdStrike, Democrat-Connected Linchpin of Russia Probe
With the next presidential election now in its final weeks, the Democrats’ national leader, House Speaker Nancy Pelosi, and her husband, Paul Pelosi, are endorsing the publicly traded firm in a different way. Recent financial disclosure filings show the couple have invested up to $1 million in CrowdStrike Holdings. The Pelosis purchased the stock at a share price of $129.25 on Sept. 3. At the time of this article’s publication, the price has risen to $142.97.
Ms. Cat’s Chronicles 