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Lawmakers Push SEC to Limit Chinese Firms’ Market Access

3/21/2026

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Story summary
  • U.S. lawmakers urged the Securities and Exchange Commission to restrict Chinese companies’ access to U.S. capital markets to safeguard national security.
  • The group led by Senator Tim Scott and Senator Elizabeth Warren argues that VIEs threaten investor protection and market integrity.
  • They note U.S. asset managers’ investments in Chinese firms tied to human rights abuses and military advances.
  • The lawmakers call for stricter regulations to safeguard investors and national security.