Chris Iacovella

CEO of the American Securities Association. Recently testified before Congress about Wall Street loopholes that allow companies controlled by the Chinese Communist Party (CCP) to access American capital markets.

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May 11, 2025 • 8min

EXPOSED: How Wall Street Funnels US Money to CCP

Chris Iacovella, CEO of the American Securities Association, sheds light on alarming Wall Street practices that allow companies controlled by the Chinese Communist Party to access U.S. capital markets. He reveals how American investments unknowingly fund activities related to human rights abuses and military developments in China. Iacovella discusses the Variable Interest Entity and Passive Index loopholes, emphasizing the urgent need for legislation to address these issues and safeguard American values against unfair economic competition.

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