The purpose of the Secure America's Financial Exchanges Act, also known as the SAFE Act, is to enhance transparency and accountability for securities issued by Chinese companies. This legislation aims to ensure that investors have access to critical information about the financial support these companies may receive from the Chinese government and any affiliations with the Chinese Communist Party. Key provisions of the SAFE Act require that before a Chinese entity can list its securities on a U.S. exchange, it must disclose specific information.