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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

CIC slams US regulation, accuses SEC of blackmail

Posted on 27 November 2012

Jin Liqun, the man at the helm of China’s $410 billion sovereign wealth fund China Investment Corporation (CIC), has emerged as a standard bearer for libertarian free-market principles.
In a delicious twist of irony, yesterday he slammed the US government and regulators for imposing useless, destructive and counter-productive regulations on the financial world. These new regulations, he believes, are the biggest threat to global growth………………………………………..Full Article: Source


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