The SEC has been shutting the frauds down, and yet there will be survivors....real companies with real earnings that aren't frauds in any way shape or form. Those that are real are priced as frauds and will provide the judicious investors/traders with exceptional returns. I haven't had a single red year trading and investing in China small caps, and I've been doing it longer than anyone in the US.
This isn't a space for everyone- but it's a space for many that have done quite well in it over the years going both long and short.
re: The exchanges should shut these companies down from trading here
"The PCAOB and the SEC do not work for you. Invest accordingly.”