the Chicago Stock Exchange ( The US Securities and Exchange Commission ) has halted a takeover deal of the Chicago Stock Exchange by a Chinese consortium, stating it violated regulations governing exchanges. This marks another move by US authorities to block American acquisitions in the US , amid rising hostility to Chinese buyers as Trump 's administration cites security concerns and trade imbalances. “By disapproving the transaction, the SEC has denied the American public a historic and unprecedented opportunity to build a mutually beneficial economic bridge between the world’s largest economies, while unfairly disadvantaging our company and shareholders,” it said in a statement. The proposed deal was to transform the exchange into an international listing venue, targeting Chinese companies looking to access China capital markets.
the Chicago Stock Exchange ( The US Securities and Exchange Commission ) has halted a takeover deal of the Chicago Stock Exchange by a Chinese consortium, stating it violated regulations governing exchanges. This marks another move by US authorities to block American acquisitions in the US , amid rising hostility to Chinese buyers as Trump 's administration cites security concerns and trade imbalances. The proposed deal was to transform the exchange into an international listing venue, targeting Chinese companies looking to access China capital markets.