The Securities and Exchange Commission barred a Chinese-run investment group from taking over the Chicago Stock Exchange, CNN Money reports.
Here are three things to know about the SEC's notice, filed Feb. 15.
1. SEC regulators listed several concerns about the potential deal. For one, the officials disputed whether the deal would allow for proper supervision.
2. The regulator said the Chinese-led group didn't provide all information needed to review the proposed transaction, raising "significant doubts" that the SEC could monitor the Chicago Stock Exchange under the proposed acquisition.
3. The Chinese-led investors announced the deal in February 2016, and it has been under regulatory review since, according to CNN Money.
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