SEC spat needs diplomatic solution

February 05, 2014 | BY

clpstaff

Following the SEC's suspension of the Big Four's Chinese affiliates, Chinese companies have few options, and looking to Hong Kong for help is not one of them. The answer lies in diplomacy

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The Big Four global auditing firms intend to appeal their Chinese affiliates' six-month ban from servicing any US-listed Chinese clients. The US Securities and Exchange Commission (SEC) handed down the