WASHINGTON, D.C. – In case you missed it, Senator Rick Scott wrote a letter to the editor of the Wall Street Journal in response to a recent op-ed criticizing the Securities and Exchange Commission’s (SEC) warning about the risks of investing in Chinese companies. Senator Scott has been calling for additional protections and warnings for American investors about how U.S.-listed Chinese companies present regulatory, oversight and enforcement challenges that undermine transparency and confidence in American markets.
In the letter, Senator Rick Scott wrote, “… As government leaders and elected officials, we have a responsibility to protect Americans from our country’s adversaries. For too long we have allowed Chinese companies into U.S. financial markets while not holding them to the same set of rules as American companies…”
Read the full letter to the editor in the Wall Street Journal HERE.