China — China Securities Regulatory Commission & Lawrence Rosen

China — China Securities Regulatory Commission: The China — China Securities Regulatory Commission and its Shenzhen bureau issued a Notice of Investigation and Administrative Penalty Pre-Notification Letter to Nubank, initiating the legal issues for the company.

Lawrence Rosen: Lawrence Rosen is the founding partner of Rosen Law Firm, which is preparing a class action lawsuit against Nubank.

China — China Securities Regulatory Commission: The CSRC initiated the crackdown and issued the Notification Letter to Futu, proposing penalties. It is the key regulator enforcing compliance in cross-border securities activities.

Lawrence Rosen: Lawrence Rosen is a founding partner of Rosen Law Firm, involved in the investigations and class actions.

China — China Securities Regulatory Commission: Regulator that imposed penalties on Futu and initiated crackdown on cross-border securities activities.

Lawrence Rosen: Founding partner at Rosen Law Firm, involved in the class action.

China — China Securities Regulatory Commission: The CSRC is the regulator that announced and enforced the penalties against the brokers. It is acting to enforce securities laws and curb illegal cross-border flows.

Lawrence Rosen: Lawrence Rosen is a partner at Rosen Law Firm involved in the investigation. His role is primarily as a legal representative for investors.