The SEC uses comment letters to zero in on the reverse factoring trend

The use of reverse factoring, a form of supply chain financing, is growing. Is it only because of COVID-19 or is the pandemic exacerbating a trend investors should always worry about?

In February of this year, the Financial Times reported that the board of London-listed NMC Health had initiated an investigation, hiring former FBI director Louis Freeh, after short-seller Muddy Waters Research raised “serious doubts” in December about the group’s finances. 

James Vane-Tempest, an analyst at Jefferies, on Monday slashed his price target …