, Columnist
Does the SEC Have the Guts to Tank Alibaba's IPO?
What's the SEC going to do about Alibaba's accounting firm?
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Yesterday, Alibaba Group Holding Ltd., China's largest online retailer, filed the registration statement for its initial public offering. One of the risk factors it cites is the possibility that the Securities and Exchange Commission may suspend the mainland Chinese affiliate of its outside auditor, PricewaterhouseCoopers of Hong Kong.
An SEC suspension could trigger all sorts of potential calamities, including the delisting or deregistration of Alibaba's stock in the U.S., the company said.