The U.S. Securities and Exchange Commission (“SEC”) decision to block a Chinese-led investor group from buying the Chicago Stock Exchange ends a two-year campaign to turn the small , 136-year old exchange into a venue for international IPO’s. It also marks the latest in a string of blocked deals involving Chinese companies trying to buy major U.S. assets. The SEC’s ruling posted on its website stated concern over the concentrated ownership structure resulting from the deal, noting that the exchange …
US Securities Regulator Blocks Chinese Takeover Of Chicago Stock Exchange appeared first on China Money Network.