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SEC RIN: 3235-AM81 Publication ID: Spring 2021 
Title: Trading Prohibitions Under the Holding Foreign Companies Accountable Act and Enhanced Listing Standards  
Abstract:

The Division of Trading and Markets is considering recommending rule amendments that would have the Commission implement and remove trading prohibitions, as required by the Holding Foreign Companies Accountable Act, for the securities of an issuer that files a report with financials statement audited by a registered public accounting firm located in a foreign jurisdiction that the PCAOB is unable to inspect or investigate completely because of a position taken by an authority in the foreign jurisdiction.  In conjunction, the Division of Trading and Markets is also considering recommending rule amendments to enhance listing standards of U.S. national securities exchanges to prohibit the initial and continued listing of issuers that are subject to such trading prohibitions.

 
Agency: Securities and Exchange Commission(SEC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 15 U.S.C. 78f(b)(5)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  04/00/2022 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: No 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
Sarah Schandler
Special Counsel
Securities and Exchange Commission
100 F Street, NE,
Washington, DC 20549
Phone:202 551-7145
Email: schandlers@sec.gov