By Alexander Osipovich Close Alexander Osipovich and Chong Koh Ping Close Chong Koh Ping Jan. 10, 2021 5:30 am ET U.S. investors have borne the brunt of an executive order signed by President Trump that was meant to hit the Chinese military by curtailing access to American dollars.
Investors were taken for a wild ride after the NYSE said Dec. 31 that it would delist the ADRs of the three telecom companies, only to reverse itself several days later and halt the delistings, before doing yet another U-turn and proceeding with the delistings after all. SHARE YOUR THOUGHTSShould the incoming administration reverse President Trump’s order on Chinese stocks? Why or why not? Join the conversation below.
A TD Ameritrade spokeswoman said: “This has been a very fluid situation and we are being consistent in our approach, in accordance with industry guidance, in order to flatten potential volatility as much as possible.” “Most brokerage firms are hyper-compliant and they don’t want to take on any regulatory risk,” said James Angel, a finance professor at Georgetown University. “There is no upside in taking on the risk just to do a few closeout trades. It is easier to just say no to the customer and blame it on the government.”
I moved to Parler I stand with Lizzo
Because Trump has no clue how real International business works.
This battle goes far!
Please help to stop mass of Ginocide looting sexual harasment on infant tigraians by amhara ethiopian and eritrean army?
Just trade on the HKEX 🤷🏽♂️
Silencing speech is dangerous. It’s un-American. Sadly, this isn’t a new tactic of the Left. They’ve worked to silence opposing voices for years. We cannot let them silence 75M Americans. This isn’t the CCP.
95% only bad news(
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