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Rubio Taps Hedge Funds for Input on China De-Listing Bill
The Equitable Act would force the delisting of foreign companies that flout U.S. accounting laws — particularly those based in China.
Soon after Senator Marco Rubio led the bipartisan roll-out of the Equitable Act in June, short seller Dan David of FG Alpha Management heard from the Florida Republican’s office.The bill calls for delisting foreign companies that don’t comply with accounting oversight rules of U.S. exchanges, singling out those based in
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