SEC Provides Automatic Exemption From Exchange Act Section 12(g) For Foreign Private Issuers


The Securities and Exchange Commission has adopted,

effective October 10, 2008, amendments to the rule that

exempts a foreign private issuer from having to register a

class of equity securities under §12(g) of the Securities

Exchange Act of 1934 based on the submission of certain

information published by the issuer outside the United

States. The exemption allows for the trading of the equity

securities of a foreign private issuer in the United States

over-the-counter market without registration under Section


Pryor Cashman partner John J. Crowe and associate Robert

C. Lamonica have written an informative Legal Update about the exemption, entitled ?SEC Provides Automatic Exemption From Exchange Act Section 12(g) For Foreign Private Issuers?.

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

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.

© Pryor Cashman LLP | Attorney Advertising

Written by:


Pryor Cashman LLP on:

JD Supra Readers' Choice 2016 Awards
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.