An interesting crossover between two of my interests, securities law and Hollywood. The film business has been enjoying a renaissance overseas what with Bollywood and all. Of course China remains the ultimate new market for the industry. But the industry has to realize that without free speech or the rule of law it is not like moving into India. True cultural expression remains suppressed, just ask the Tibetans. And the reach of US securities law is long as this article on an investigation into possible bribery cases indicates.

S.E.C. Inquiry Into China Film Trade Unnerves Hollywood – NYTimes.com.