Where the U.S. District Court had jurisdiction over an action brought by Security and Exchange Commission against a foreign investor, there was no improper move.The 7th U.S. Circuit Court of Appeals affirmed a decision by U.S. District Judge Matthew F. Kennelly.Siming Yang, a Chinese citizen, works in investment research. While employed at an investment advisory firm in the United States, Yang formed Prestige Trade Investments under the laws of the British Virgin Islands. Yang funded Prestige with capital from several …