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Rubio Habla en La Poderosa

El senador estadounidense Marco Rubio (R-FL) habló con César Grajales de La Poderosa 670 AM en El Panorama Político, sobre la crisis fronteriza, sobre cómo los hispanoamericanos se ven afectados con la realidad del país, sobre los cargos contra el senador Bob Menéndez...

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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.”