China Moves To Shut Down Offshore Stock-Trading Channels Used By Mainland Investors

China Moves To Shut Down Offshore Stock-Trading Channels Used By Mainland Investors Authored by Arthur Zhang via The Epoch Times, China’s securities regulator has opened enforcement actions against Futu, Tiger Brokers, and Longbridge Securities, accusing the offshore online brokerages of illegally serving mainland investors who used the platforms to trade U.S. and Hong Kong stocks. The China Securities Regulatory Commission (CSRC) said on May 22 that it had opened investigations...

By Tyler Durden