March 2, 2017
The proposed acquisition of the CHX by the Casin Group, a large holding company would result in some very clear benefits to the global financial community. One would think by allowing the acquisition to occur, Casin Group may seek less well known, but legitimate foreign entities that would be listed on a US platform strictly regulated under SEC rules and regulations such as the Securities Act of 1933 and the Securities Exchange Act of 1934 as well as US GAAP. This will instill confidence in prospective investors who normally shy away from trading and engaging in foreign exchanges due to well intentioned concerns regarding lack of regulation or the perception there of. Access to these types of entities is wholly important in our globally connected world and would be a boon for fresh investing opportunities which can only occur with the full backing of the SEC's rules and confidence.