US SEC warns investors of risks from certain Chinese business entities

In an alert to investors, the SEC detailed the potential risks in putting money into US-listed companies that have contracts with but no control over a Chinese entity, known as a variable interest entity (VIE). It is the most recent move by the agency to address concerns that Chinese companies are flouting rules for accessing US markets.

from Markets-Economic Times https://ift.tt/2ZiEsXO