The US SEC forms a "cross-border special task force": Targeting securities fraud by foreign companies, strengthening audit and underwriting supervision.
Zhtng cijng APP hu x, migu zhngqun jioy wiyunhu (SEC) zhngzi shl yg xn de bmn, zhunzh y gunl wigu gngs de zhngqun qpn xngwi, zh sh tlngp zhngf zhzhng xi gi jingun jgu zhf yuxin shxing de shup zhng d xnho zh y. Zhge xn chngl de tbi gngzu z hi jing dioch liz wigu fl gunx q de gngs, yj q shn jsh h chngxioshng.
The Zhtng Finance APP learned that the U.S. Securities and Exchange Commission (SEC) is setting up a new department focusing on managing securities fraud by foreign companies. This is one of the first major signals of enforcement priorities of the regulatory agency under the Trump administration. This newly established special task force will also investigate companies from foreign jurisdictions, as well as their auditors and underwriters.
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