Holding Chinese Listed Companies Accountable Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 25, 2023)
Holding Chinese Listed Companies Accountable Act
This bill establishes stricter requirements for Chinese companies that are publicly traded.
Under current law, the Securities and Exchange Commission must delist from an exchange a publicly traded company that uses, for two consecutive years, an accounting firm not subject to Public Company Accounting Oversight Board inspections.
The bill reduces this to one year for companies that are organized under Chinese laws.
What just happenedJul 25, 2023
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJul 25, 2023
- Jul 25, 2023IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jul 25, 2023IntroReferralIntro-H
Introduced in House
- Jul 25, 2023IntroReferral1000
Introduced in House