Quick Take – SEC to Warn on Reverse Mergers

From Reuters, full article here:

The bulletin, which will be released as soon as Thursday, comes amid a rash of accounting scandals involving China-based companies that are listed on U.S. exchanges. The SEC is conducting a broad investigation into the accounting irregularities and audits of Chinese and other foreign companies.

The content contained in this blog represents only the opinions of the author. The author may hold either long or short positions in securities of various companies discussed in the blog. This commentary in no way constitutes investment advice, and should never be relied on in making an investment decision, ever. This blog is not a solicitation of business: all inquiries will be ignored. The content herein is intended solely for the entertainment of the reader, and the author.
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