[kenavi]

Good to know that but is has nothing to do with the article.

The point is that if a law functions the way it is supposed to function, it is not a "loophole". The Reagan Administration put this provision in to enable U.S. firms to compete for foreign capital without being burdened by more extensive U.S. filing disclosure than other countries require.

Hillary's brother's involvement in this transaction is a separate issue. If your point is about influence-peddling by someone related to a government official, that goes on under all laws and all Administrations. Regulation S itself is besides the point.

[em2vn]

The comment was about the involvement of a Clinton in the program as it related to China.