4 ms·
A better argument is simply that the US routinely (and selectively) enforces its rules well beyond its borders. So why shouldn't anyone else with the clout nee
by LatteLazy 3y ago
A better argument is simply that the US routinely (and selectively) enforces its rules well beyond its borders. So why shouldn't anyone else with the clout needed...
- pwb25 3y agoCan't wait for the chinese or indian SEC to start suing US nationals for different exotic financial wrongdoings on some half hidden rule
- LatteLazy 3y agoIt is a bad approach, but it's a bit of a prisoner's dilemma: no nation will be the only one NOT to pull BS like that...
- dtech 3y agoYou've slipped down quite the slope to go from antitrust of companies operating in the jurisdiction to foreign natural persons.
- pwb25 3y agoNot really. When did the Chinese CFTC do something like this to any american? https://en.wikipedia.org/wiki/2010_flash_crash#Evidence_of_market_manipulation_and_arrest https://en.wikipedia.org/wiki/2010_flash_crash#Evidence_of_m...
- LatteLazy 3y agoJust for balance, the US had Canada arrest a chinese national who had never been to the USA, for doing business with Iran (and then a bunch of other weird charges) https://en.wikipedia.org/wiki/Meng_Wanzhou https://en.wikipedia.org/wiki/Meng_Wanzhou China then "co-incidentally" arrested 2 Canadians. The whole thing is a shit show and it would be better for everyone if countries were more reasonable and agreed to avoid a "race to the bottom"