Globalist Madness: Battle Intensifies Over China Takeover Of Chicago Stock Exchange...

[Dschrute3]

This one's pretty shocking. But it is happening.


In December 2016, the Committee on Foreign Investment in the United States approved the CHX deal. But in August, the SEC delayed action on the purchase and has offered no timeline for when it will make a decision.

A group of U.S. investors hoping to buy the Chicago Stock Exchange is lobbying Congress to torpedo a rival, Chinese-backed acquisition proposal that is stalled at the Securities and Exchange Commission.

Lobbyists representing “Exchange Capital LLC,” a special-purpose entity for a private-equity investor group, said they helped generate a Sept. 26 letter led by Rep. Robert Pittenger (R-N.C.) to the SEC raising "serious concerns" over the CHX acquisition.

Exchange Capital is being represented by Adam Olsen of Sconset Strategies and Chas Thomas of Thorn Run Partners. Thomas is a former Pittenger staffer.

Both lobbyists said they also asked members of the Senate Banking Committee to voice concerns with the CHX deal at a hearing with SEC Chairman Jay Clayton on Tuesday.

Olsen and Thomas declined to identify the rival investors for CHX, only saying that they are all American...

More:
Rival investors seek to stop Chinese takeover of Chicago Stock Exchange
DRUDGE REPORT 2017®

 

[Picaro]

CHX is pretty small potatoes by itself, but it's a dangerous foot in the door as a regulatory test for later acquisitions if it is allowed.


https://www.sec.gov/comments/sr-chx-2016-20/chx201620-1606533-135666.pdf

Still looking into 'Exchange Capital LLC' and who and what owns them.

 

[Dschrute3]

CHX is pretty small potatoes by itself, but it's a dangerous foot in the door as a regulatory test for later acquisitions if it is allowed.


https://www.sec.gov/comments/sr-chx-2016-20/chx201620-1606533-135666.pdf

I'm actually pretty shocked it's gotten this far. Hopefully it'll be stopped. But stay tuned.

 

[Picaro]

CHX is pretty small potatoes by itself, but it's a dangerous foot in the door as a regulatory test for later acquisitions if it is allowed.


https://www.sec.gov/comments/sr-chx-2016-20/chx201620-1606533-135666.pdf

I'm actually pretty shocked it's gotten this far. Hopefully it'll be stopped. But stay tuned.

I think they've been trying for a couple or three years. It should be dead by now, but it looks like the pols are just squeezing both sides for more bribes, is all.