Well, kind of, but. The latest Reverse Merger Report
talks about the fact that short sellers have been focusing on alleged
differences between filings by public Chinese companies with their government
as compared to what is filed in the US with the SEC and made available to the
The wave of new securities class action lawsuits
involving accounting scandals at U.S-listed Chinese firms is already a well-established
phenomenon . But in the latest twist on the tale, Deer Consumer Products , one of the U.S.-listed
Chinese companies most recently sued based on allegations of accounting...
Periodically executives and regulators become concerned
about short selling. During the recent market crisis, for example, the SEC
placed limitations on selling the shares of financial institutions short.
Although the directive was controversial, regulators in other country followed
suit. As the...
The SEC is focusing attention on trading illegal short selling, announcing twenty-three actions new actions centered on the prohibited trading practice. At the same time the Commission’s National Exam Program issued a Risk Alert on illegal short selling.
Each of the actions announced is based...