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Foreign companies could undergo accounting inspection

By Hicbd
Thu Mar 18 2021 10:26 am

"For example, consider making disclosure of PCAOB inspection deficiencies more prominent. Consider Nasdaq’s proposed exchange rules that would increase scrutiny for companies operating in jurisdictions where inspections are blocked, including imposing higher listing standards, requiring offerings to be underwritten, and requiring management to have U.S. public company experience. Consider halting new listings altogether for problem companies."

URL:
https://www.marketwatch.com/story/the-senates-china-bashing-legislation-on-auditors-has-the-nuance-of-a-sledgehammer-2020-07-24
https://en.wikipedia.org/wiki/The_China_Hustle

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Categories:
Financial Systems / Markets U.S. Securities and Exchange Commission (SEC) Stock Markets Investing / Portfolio Management Audits Economic Bubbles / Recessions

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