SEC starts implementing a law that would delist foreign companies like Alibaba and Baidu from US stock exchanges if they don’t comply with US auditing standards (Benjamin Bain/Bloomberg)

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Benjamin Bain / Bloomberg:
SEC starts implementing a law that would delist foreign companies like Alibaba and Baidu from US stock exchanges if they don’t comply with US auditing standards  —  – Regulator takes initial step on requiring audit inspections  — Alibaba, Baidu among firms under pressure from Washington

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