H. R. 7757, titled the “China Risk Reporting Act,” aims to amend the Securities Exchange Act of 1934. The bill requires companies to disclose certain financial risks related to doing business with or in the People’s Republic of China. These disclosures must include details...
Simple Explanation
H. R. 7757 wants companies to tell more about their business risks when dealing with China, like if changes happen that could affect their work. This helps investors understand what could happen if they invest in these companies.