Reported 1 day ago
The US Securities and Exchange Commission (SEC) has formed a new unit dedicated to investigating securities fraud by foreign companies, particularly focusing on those from jurisdictions like China that present unique risks to investors. This initiative signals the enforcement priorities of the SEC under the Trump administration, aiming to protect US investors from fraud schemes. The SEC emphasizes that while it values foreign firms' access to US markets, it will not tolerate dishonest practices by companies, their auditors, or traders.
Source: YAHOO