Commentary March 28 hearings on bank regulation exposed the shortfall of federal regulation. The hearings came in the wake of the Silicon Valley Bank (SVB) failure and the stresses on other banks, like Signature and Republic. To put it frankly, the hearings exposed our regulators appear to be virtually useless. Among things we learned last week:…
China to Impose New Rules on Big Platforms Listing Overseas
Beijing’s cyberspace watchdog said this week that, starting Feb. 15, Chinese platform companies holding the personal data of more than one million users will go through a cyber security review before listing shares overseas. The move comes amid a wave of regulatory changes to tighten the regime’s grip over big tech companies in China. According to a…
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