In the three years I’ve been writing about Chinese reverse mergers there has been one nagging question: Where have the regulators been?
Monday the SEC reared its head by halting the trading in RINO International. But consider this: That’s
“The reason these scams have worked is because there’s “regulatory arbitrage’,” says Carson Block, whose Muddy Waters Research is getting quite a name by sounding warnings on some of these companies like RINO and China MediaExpress Holdings .