U.S. Securities Offerings and Exchange Listing by Foreign Private Issuers


In This Issue:

Introduction; Securities Act; Exchange Act; Foreign Private Issue Status; Listing on a U.S. Securities Exchange; Exhibits; and Index of Defined Terms.

Excerpt from Introduction -

Foreign companies frequently seek to raise capital in the U.S. and/or become listed for trading on a U.S. securities exchange. Beyond access to the U.S. capital markets, a foreign issuer can gain publicity and prestige by becoming a public company in the U.S. Doing so requires complying with U.S. securities laws and exchange rules, but a number of exemptions exist that make such compliance significantly easier for companies that qualify as a “foreign private issuer.”

The two primary sources of U.S. securities law are the Securities Act of 1933, as amended (the “Securities Act”), and the Securities Exchange Act of 1934, as amended (the “Exchange Act”), together with the regulations promulgated under each by the Securities and Exchange Commission (the “SEC”). In general terms, the Securities Act governs the offer and sale of securities in the U.S. and the Exchange Act regulates the trading of securities on securities exchanges and ongoing periodic reporting.

Please see full issue below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Topics:  Foreign Investment, Private Offerings, SEC, Securities Act of 1933, Securities Exchange Act

Published In: International Trade Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Morrison & Foerster LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »