Category: Securities and Exchange Commission

Chinese Tech Giant Baidu Added to SEC List, Faces Potential Delisting From US

U.S.-traded Chinese search giant Baidu Inc. is one of the latest companies, mostly China-based, to face possible delisting from American exchanges unless they abide by auditing standards. The Securities and Exchange Commission (SEC) added Chinese search engine Baidu on March 30 to its growing provisional list under Holding Foreign Companies Accountable Act (HFCAA), alongside other four firms….


Chinese Tech Giant Baidu Added to SEC List, Faces Potential Delisting

U.S.-traded Chinese search giant Baidu Inc. is one of the latest companies, mostly China-based, to face possible delisting from American exchanges unless they abide by auditing standards. The Securities and Exchange Commission (SEC) added Chinese search engine Baidu on March 30 to its growing provisional list under Holding Foreign Companies Accountable Act (HFCAA), alongside other four firms….


SEC Chair Gensler Maps out Potential Overhaul to Agency’s Cyber Rules

WASHINGTON—The U.S. securities regulator is considering extending cyber risk management rules to third-party service providers, and beefing up public company disclosures when they experience a breach, the head of the Securities and Exchange Commission (SEC) said on Monday. Gary Gensler, in an address to securities industry professionals, mapped out a sweeping overhaul of SEC cyber…


Congress Needs to Provide Guardrails for the Cryptocurrency Revolution

Commentary The Chinese Communist Party poses the most comprehensive 21st-century threat to the American nation, the American people, and the American way of life. The first half of this century will be defined by how the United States meets the Chinese challenge across the full spectrum of economic, national security, geopolitical, and cultural issues. And…


Does Collusion Between Wall Street and the CCP Fuel Chinese Trading in US?

News Analysis While the Securities and Exchange Commission (SEC) continues to signal tighter audit standards for Chinese companies listed in the United States, the Chinese Communist Party (CCP) has been meeting privately with Wall Street firms to launch wholly-owned mutual funds in the Chinese capital market. Experts believe Wall Street will remain as a middleman…


SEC Charges Ex-goldman Compliance Analyst With Insider Trading

NEW YORK—A U.S. regulator on Wednesday charged a former Goldman Sachs Group Inc. senior compliance analyst with insider trading, saying he made illegal trades involving banking clients while working in Warsaw, Poland. The U.S. Securities and Exchange Commission (SEC) said Jose Luis Casero Sanchez, 35, of Spain, learned material non-public information about his employer’s clients…


US SEC’s Peirce Congratulates Roisman as Next Agency Acting Head

WASHINGTON—U.S. Securities and Exchange Commission (SEC) Republican Commissioner Hester Peirce on Thursday tweeted congratulations to her Republican counterpart at the agency Elad Roisman, who would serve as the acting agency head after Jay Clayton announced he was stepping down on Wednesday. “Congratulations, Chairman Roisman!, I look forward to your leadership of the SEC.” Roisman, the…


US SEC’s Peirce Congratulates Roisman as Agency’s Acting Head

WASHINGTON—U.S. Securities and Exchange Commission (SEC) Commissioner Elad Roisman will be named the agency’s acting head, after Chairman Jay Clayton officially announced he was stepping down on Dec. 23, according to a tweet by fellow Republican Commissioner Hester Peirce on Dec. 24. “Congratulations, Chairman Roisman! I look forward to your leadership of the SEC,” Pierce…