On August 16, 2021, Securities and Exchange Commission (SEC) Chairman Gary Gensler announced, via the SEC's "Office Hours" program on YouTube , that he was directing SEC staff to "take a pause, for now" on approving the listings of shell company issuers associated with China-based operating companies. He noted that he was also directing SEC staff to ensure that the shell companies associated with China-based operating companies were providing "full and fair disclosure" to investors so that the public is aware that their investments are going to shell companies (typically in jurisdictions like the Cayman Islands) rather than directly in...