Trump advisers urge delisting of Chinese firms that fail to audit


By Alexandra Alper WASHINGTON (Reuters) - Trump administration officials have urged the president to delist Chinese companies that trade on U.S. exchanges and fail to meet U.S.

auditing requirements by January 2022, Securities and Exchange Commission and Treasury officials said on Thursday. The remarks came after President Donald Trump tasked a group of key advisers, including Treasury Secretary Steve Mnuchin and SEC Chairman Jay Clayton, with drafting a report with recommendations to protect U.S. investors from Chinese companies.

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