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US regulators delay Chicago Stock Exchange sale

Deal has received scrutiny from lawmakers skeptical of Chinese takeover bids for US firms

US regulators delay Chicago Stock Exchange sale

The top financial regulator in the US has postponed its decision on whether to sanction the sale of the Chicago Stock Exchange to a group of Chinese investors, write Dave Michaels and Kate O’Keeffe for The Wall Street Journal.

The move by the Securities and Exchange Commission further delays a push to revitalise the 135-year-old exchange by transforming it into an outpost for Chinese firms wanting to list in the US.

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