Shein

Marco Rubio Urges ‘Extraordinary’ SEC Scrutiny of Fast Fashion Giant Shein: ‘Subject to the Whim’ of China

Sen. Marco Rubio (R-FL) sent a letter on Thursday to U.S. Securities and Exchange Commission (SEC) Commissioner Gary Gensler in response to news reports that Shein, a Chinese online retailer that sells women’s clothing at steep discounts, is seeking an initial public offering (IPO) on the U.S. stock market, warning the company is “subject to the whim” of Beijing and thus a threat to investors.

Ontario, CA - October 19: Shoppers Ashley Sanchez, right, of Fontana, and Joscelin Flores