Gary Gensler, chairman of the US Securities and Exchange Commission, speaks during a Senate Banking, Housing and Urban Affairs Committee hearing on Tuesday. Photo: Bloomberg
Chinese firms should face faster US stock delisting over audit rules, SEC chairman Gary Gensler tells lawmakers
- The top US securities regulator says he supports a bill in Congress that allows for faster removal from American markets for not complying with disclosure rules
- Lawmakers and the financial industry have pressed the SEC to force Chinese companies to improve disclosure standards
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Gary Gensler, chairman of the US Securities and Exchange Commission, speaks during a Senate Banking, Housing and Urban Affairs Committee hearing on Tuesday. Photo: Bloomberg
