On April 2, for the first time in 13 years, the China Securities Regulatory Commission (CSRC) revised the confidentiality clauses related to the listing of Chinese enterprises (China Concepts Stock) abroad, a rare concession by the Chinese Communist Party (CCP). According to experts, the CCP’s adjustment strategy is to obtain more foreign exchange from out…
SEC’s GameStop Report Investigates Role of ‘Game-Like’ Brokerage Apps
A report by the Securities and Exchange Commission (SEC) released Monday that investigated the trading controversy surrounding GameStop earlier this year has challenged the role of “game-like” trading apps that may urge investors to trade stocks too frequently. GameStop experienced a surge of activity in January following social media chatter that led to the term…
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