ANALYSIS: U.S. Federal Reserve Opens the Door to Increased Chinese Investment in U.S. Banking Organizations

On May 9, 2012, the Federal Reserve Board released three orders approving investments in the U.S. banking market by entities based in China…

Taiwan Stock Exchange Adopts New Rules On Foreign Issuers Sponsoring TDRs

When a foreign issuer that sponsors Taiwan Depositary Receipts (“TDRs”) applies with the Taiwan Stock Exchange (“TWSE”) for listing, it is required to provide the TWSE with its audited financial statements for the TWSE to understand its financial status.

ANALYSIS: U.S. Regulators Ramp Up China Reverse Merger Scrutiny

The Securities and Exchange Commission is increasing its scrutiny of China-based companies with securities traded on U.S. stock exchanges. Particular emphasis is being placed on those companies that went public through a reverse merger transaction involving a publicly traded shell company (Chinese Reverse Merger companies or CRMs)…