Exclusive: Pompeo calls Nasdaq's strict rules a model to guard against fraudulent Chinese companies

Exclusive: Pompeo calls Nasdaq's strict rules a model to guard against fraudulent Chinese companies

Reuters

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U.S. Secretary of State Mike Pompeo on Thursday warned American investors against fraudulent accounting practices at China-based companies and said the Nasdaq's recent decision to tighten listing rules for such players should be "a model" for all other exchanges around the world.

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