Restricting Chinese Companies' Access to US Capital?—Prospects for Legislation or Executive Action

The SEC and PCAOB published notice late last year of their ongoing challenges with Chinese auditing practices at odds with requirements for companies publicly listed on US stock exchanges. Members of Congress have also expressed concerns over this and other issues related to US capital funding Chinese companies. The EQUITABLE Act, proposed legislation in both Houses, would impose stricter limits and conditions on US investments in Chinese companies and on Chinese companies seeking to list in the US. In September, press reports indicated that the White House is considering its own action via an executive order aimed at limiting US capital flows into Chinese securities.

Please join us October 30th for a roundtable discussion with Akin Gump partners Claudius Modesti and Clete Willems to discuss the issues driving concerns among policymakers, proposals to address these issues, and the implications for US-China commercial relations and US business. Mr. Modesti will share his perspective as a former enforcement director at the PCAOB and now as counsel to companies and firms in proceedings involving the PCAOB and SEC. Mr. Willems will share insights as a trade negotiator and international economic law and policy expert. He joined Akin Gump after serving as Deputy Assistant to the President for International Economics and Deputy Director of the National Economic Council.

This event is for USCBC members and invited guests only. Registration is required.

Event Details

Wednesday, October 30, 2019 - 10:00am to 11:00am
US-China Business Council
1818 N St NW
Suite 200
Washington, DC 20036
United States


Tuesday, October 29, 2019 - 5:00pm

Event Contact

Vivian Zhu
202-429-0340 ext. 208