Beijing Accessing Americans’ Financial Data?

Two senators are shining a spotlight on whether Beijing can gain access to American financial data, including Social Security numbers.

Republican senator Tommy Tuberville (R-Ala.), and Rep. Jim Banks (R-Ind.) are demanding answers from the country’s top stock market regulators: the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority, or FINRA.

In a letter Wednesday, they raised the issue of whether Chinese-linked companies are complying with American laws. That’s in terms of how they handle American data.


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