Van Hollen Statement on SEC Action to Finalize Implementation of the Holding Foreign Companies Accountable Act

Statement

Date: Dec. 2, 2021
Location: Washington, DC

"It's our job to protect American investors from fraudulent businesses seeking to take advantage of them. Requiring all publicly listed companies on our U.S. exchanges to be held to the same standards is the best way to do that. I'm glad to see the SEC finalize the implementation of our Holding Foreign Companies Accountable Act in order to help ensure Chinese companies are playing by the rules and to safeguard the millions of American families who rely on investments to retire, send their kids to college, and weather financial emergencies. I was proud to lead this bipartisan effort and will continue fighting to improve our financial system for everyday Americans."


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