President Trump has issued a Presidential Memorandum directing his Working Group on Financial Markets to discuss, and issue within 60 days a report on the issue of US regulator access to Chinese auditors as well as investor protections more broadly. Here’s a law firm memo on the subject (with links to various documents) from Paul, Weiss that has an excellent summary of the problem, what’s happened so far, and what the Presidential Memorandum is all about.