2020年4月27日
SEC and PCAOB Statement on Emerging Markets Risks: An Essential Disclosure Resource
Authors:
On April 21, 2020, US Securities and Exchange Commission (“SEC”) Chairman Jay Clayton, PCAOB Chairman William D. Duhnke III, SEC Chief Accountant Sagar Teotia, SEC Division of Corporation Finance Director William Hinman, and SEC Division of Investment Management Director Dalia Blass published a joint statement regarding emerging markets investment risks, noting the increasing exposure that US investors have to companies that are based or have significant operations in emerging markets countries. This Legal Update provides further detail.
