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在线翻译:
szdaily -> Business_Markets
SEC puts Chicago bourse’s China deal on hold
    2017-August-11  08:53    Shenzhen Daily

THE U.S. Securities and Exchange Commission (SEC) on Wednesday put on hold a decision by its staff approving the sale of the Chicago Stock Exchange (CHX) to a group led by China-based investors, giving the regulator more time to mull the politically sensitive deal.

The SEC will vote at a later date on whether to let the decision stand.

The SEC move is not unusual, particularly if the product or deal under scrutiny is controversial or high profile. In May, the SEC did not give a reason for its decision to review its staff’s initial approval to allow what would have been the first quadruple-leveraged exchange traded fund to come to market.

SEC Chairman Jay Clayton has not weighed in on the CHX deal publicly.

The proposed sale of privately owned CHX for an undisclosed amount to a consortium led by Chongqing Casin Enterprise Group has drawn criticism from U.S. lawmakers who questioned the SEC’s ability to regulate and monitor the foreign buyers if the deal is approved.

To help ease those concerns, CHX on Monday made public statements from all of the investors involved in the deal, saying they “irrevocably submit to the jurisdiction of U.S. federal courts, the Commission and CHX,” in a filing to the SEC. (SD-Agencies)

 

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