Legis Daily

Holding Chinese Listed Companies Accountable Act

USA118th CongressHR-4879| House 
| Updated: 7/25/2023
Blaine Luetkemeyer

Blaine Luetkemeyer

Republican Representative

Missouri

Cosponsors (1)
Brad Sherman (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 25, 2023
Introduced in House
Jul 25, 2023
Referred to the House Committee on Financial Services.
  • July 25, 2023
    Introduced in House


  • July 25, 2023
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Holding Chinese Listed Companies Accountable Act

USA118th CongressHR-4879| House 
| Updated: 7/25/2023
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 25, 2023
Introduced in House
Jul 25, 2023
Referred to the House Committee on Financial Services.
  • July 25, 2023
    Introduced in House


  • July 25, 2023
    Referred to the House Committee on Financial Services.
Blaine Luetkemeyer

Blaine Luetkemeyer

Republican Representative

Missouri

Cosponsors (1)
Brad Sherman (Democratic)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted