Subject: File No. SR-CHX-2016-20
From: Arthur Lee
Affiliation: Analyst, U.S. Strategic Defense Think Tank

September 6, 2017

The major media effort by the Chinese State Government to have this deal approved, should send a major warning signal to the SEC and CFIUS that something very big was missed in early review. Government run periodicals in China do not vehemently support private transactions unless they are directly participating in and interested in the deal from a state government standpoint.

To waive one's hand and say "CFIUS approved" .. "Nothing to see here" is downright dangerous when you have direct evidence of Chinese government involvement through their own propaganda such as "China Daily," and other national mouthpieces of the central government. See below.

Two Articles From Central Government Mouthpiece "China Daily"

One Article from China Central Government Mouthpiece "Global Times"

The SEC has no way of knowing who the true owners and/or interested parties are, or who would be controlling the exchange. Completely closing its eyes to foreign control, let alone with direct evidence of involvement by the Chinese state, is not in the interests of the U.S. markets. It is actually patently the opposite of what the SEC was established to do. It is unwise to approve of something you can't see, especially where the Chinese government is directly involved.