SEC Delays Decision on Sale of Chicago Stock Exchange to Chinese Investors - News Summed Up

SEC Delays Decision on Sale of Chicago Stock Exchange to Chinese Investors


WASHINGTON—The Securities and Exchange Commission on Wednesday postponed a decision on whether to approve the heavily scrutinized sale of the Chicago Stock Exchange to a group led by Chinese investors, despite a recommendation from its staff to certify the deal. The move further delays an effort to revitalize the 135-year-old market by transforming it into a U.S. listings outpost for Chinese companies. The three-member commission...


Source: Wall Street Journal August 09, 2017 21:21 UTC



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