; (B) the percentage of the shares of the issuer owned by governmental entities in the foreign jurisdiction in which the issuer is incorporated or otherwise organized; (C) whether governmental entities in a covered jurisdiction with respect to any covered foreign public accounting firm that has prepared an audit report for the issuer during the period covered by the form have a controlling financial interest with respect to the issuer; and (D) the name of any official of the Chinese Communist Party who is a member of the board of directors of the issuer or the operating entity with respect to the issuer. (2) Update of regulations Not later than 270 days after the date of enactment of this Act, and after providing the opportunity for public notice and comment, the Commission shall make any amendments to the regulations of the Commission that are required as a result of the requirements of this subsection. (3) Effective date This subsection shall take effect on the date on which the Commission completes the amendments required under paragraph (2). (c) Disclosure by brokers and dealers Section 15(n) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78o(n) ) is amended— (1) in paragraph (1), by striking Commission may issue and all that follows through the period at the end and inserting the following: “Commission— (A) shall issue rules that require a broker and a dealer to disclose, with respect to any advice, analysis, or report of the broker or dealer to a retail investor regarding the securities of a foreign issuer, whether a covered foreign public accounting firm has prepared an audit report for the foreign issuer; and (B) in addition to the rules required under subparagraph (A), may issue rules designating documents or information that shall be provided by a broker or dealer to a retail investor before the purchase of an investment product or service by the retail investor.