Red Hat, Inc. Message Board

bruceoren 1 post  |  Last Activity: May 2, 2013 5:15 PM Member since: Oct 14, 2009
  • Reply to

    no news is bad news

    by nero2005 May 1, 2013 12:21 PM
    bruceoren bruceoren May 2, 2013 5:15 PM Flag

    Sorry, the SEC and NYSE never should have let this happen to begin with. What's the point of having laws, rules and regulations if they either aren't enforced or can be evaded easily? This never would have happened before the delirium of deregulation that began in the 1980s. If China forbade U.S. regulators to examine audits, these companies never should have been listed in the U.S. marketplace. Throw every last Chinese-regulated out of the U.S. exchanges. If U.S. citizens want to invest in Chinese markets, make us go to a foreign exchange like Hong Kong or Shanghai -- then at least we would know for sure that we were in dangerous, unregulated waters.

RHT
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