SEC's Gensler Calls US-China Audit Deal Unprecedented

The video discusses the importance of financial data oversight in capital markets, highlighting the need for auditor checks. It covers the US-China agreement allowing auditor inspections, driven by bipartisan efforts in the US Congress. Constructive dialogues with China aim to ensure compliance, with future inspections planned to assess success by December.

What are the key factors that investors need to consider when investing in companies?

What was the significance of the law passed by Congress 20 years ago regarding auditor inspections?

What challenges did the US face in getting China to comply with oversight regulations?

How does the recent agreement differ from previous arrangements with other countries?

What timeline is suggested for determining the success of the new oversight agreement?