Policy & Geopolitics
Dominari Securities Draws House Probe Over Chinese IPO Listings
House Select Committee on China has summoned three U.S. underwriters, including Dominari Securities , over listings tied to alleged Chinese stock manipulation; investigators cite about $16B in investor losses and a 300% spike in related complaints. The inquiry raises near-term regulatory risk for underwriters, accelerates political scrutiny of cross-border capital flows, and could prompt tightened IPO oversight.