SEC's roundtable going in circles about the "China Problem," but it can be solved

Carson Block says U.S. audit firms should be on the hook for China frauds, and I describe an existing way to start doing it

The Securities and Exchange Commission is holding an “Emerging Markets Virtual Roundtable” today, July 9, 2020.

The focus is on the intractable China problem, that is as SEC Chairman Jay Clayton so eloquently put it in his invitation, that “while the U.S. securities laws and regulations applicable to emerging market companies listed on U.S. exchanges are…