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ICYMI: Rubio Joins Kudlow

U.S. Senator Marco Rubio (R-FL) joined Kudlow to discuss terrorists crossing the southern border, the conservative case for industrial policy, and more. Watch the full interview on YouTube and Rumble. On the senator’s recent op-ed about terrorists crossing the...

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Next Week: Rubio Staff Hosts Mobile Office Hours

U.S. Senator Marco Rubio’s (R-FL) office will host in-person Mobile Office Hour next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of Senator Rubio’s...

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Rubio, Casey Introduce Bill to Ban Chinese Firms That Ignore U.S. Laws From Listing on U.S. Exchanges

May 27, 2021 | Press Releases

Washington, D.C. — U.S. Senators Marco Rubio (R-FL) and Bob Casey (D-PA) introduced the No IPOs for Unaccountable Actors Act to prohibit initial public offerings (IPOs) on U.S. exchanges for Chinese companies that are out of compliance with U.S. regulators. This legislation would direct the Securities and Exchange Commission (SEC) to prohibit any company headquartered in a jurisdiction in which the Public Company Accounting Oversight Board (PCAOB) lacks full auditing authority, or that retains an auditor PCAOB cannot inspect, from registering a security and making an IPO on a U.S. stock exchange. This would prevent Chinese companies from issuing IPOs or listing on American exchanges through SPACs. 

 “As unbelievable as it may sound, companies from across the world who wish to list on American exchanges must comply with audit inspection standards — except for those from China,” Rubio said. “There is no reason why China should be able to bypass our securities laws yet reap the benefits of listing on our exchanges. It’s time for China to play by the rules and cease exploiting the openness of U.S. capital markets.”