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SEC Rejects Sale of Chicago Stock Exchange

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The Securities and Exchange Commission has rejected the sale of the Chicago Stock Exchange to a group that would have included Chinese investors, the regulator said.
WASHINGTON—The Securities and Exchange Commission on Thursday rejected the sale of the Chicago Stock Exchange to a group that would have included Chinese investors, capping a two-year battle over a deal that sparked political opposition in Congress.
The SEC’s commissioners voted against the transaction six months after the agency’s staff recommended approving the sale.

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