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So it would be up to the Fed to force and enforce regulations that the NYSE has to abide by. I doubt Interpol or the UN gives two shits. Especially the UN since
by corodra 7y ago
So it would be up to the Fed to force and enforce regulations that the NYSE has to abide by. I doubt Interpol or the UN gives two shits. Especially the UN since they're having money troubles right now. But at least, freezing trading on a foreign company in the USA is at least something. Guessing there's going to be a bunch of loopholes if you have enough money and resources to just buy that stock anyways. Yea, a bit of a shitty problem I take it.
- gamblor956 7y agoI don't understand your comment at all. All the NYSE has to do is enforce it's own existing rules and nearly every Chinese company on its index would be kicked off. The Feds, Interpol, UN etc. have nothing to do with stock listings.
- toomuchtodo 7y ago> All the NYSE has to do is enforce it's own existing rules and nearly every Chinese company on its index would be kicked off. Perhaps all it takes is a complaint to NYSER [1] and FINRA, CCd to the SEC to find out why the NYSE isn't enforcing it's own rules on their exchange in regards to these listed Chinese companies. I submitted an inquiry to request the mailing address for complaint submission to NYSER, so a certified mail paper trail can be started. Best source of data for a list of Chinese symbols that would be non-compliant? [1] https://www.nyse.com/regulation https://www.nyse.com/regulation | https://www.nyse.com/regulation/complaints-and-inquiries https://www.nyse.com/regulation/complaints-and-inquiries