Just look how they handled the FB IPO. After they over priced it, Morgan Stanly told his found manager buddies not to touch the stock making hundreds of millions on the expense of the retail investors.
What the SEC did about it ? Now they going after Chinese companies when the fraud is right here in our back yard.
It's like your house is a mess but you are trying to put somebody's else house in order instead of cleaning up your mess first.
What a bunch of crooks.
If the CRSC were to actually do what they say they are going to do, there wouldn't be enough
hours in a year to enact their plan. Oh, I forgot, no fraud in China or it's stocks. Which brings me
to the next point, you won't publicly hear of many because the Chinese wouldn't want that news
to get out, they'll just do one of their many cover ups.