SEC probes ties between U.S. firms and suspected Chinese ‘pump and dump’ scams

3 hours ago 1
 Wall Street

U.S. regulators are targeting professional services firms linked to suspected Chinese “pump and dump” schemes as part of a renewed crackdown on cross-border financial fraud.

A task force launched last week would take aim at US-based “gatekeepers, particularly auditors and underwriters” that facilitate “potential

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