The staff of the Division of Corporation Finance of the U.S. Securities and Exchange Commission announced it is limiting the ability of foreign issuers to submit draft initial registration statements and amendments for review by the staff on a confidential basis.
On December 8, 2011, the staff of the Division of Corporation Finance of the U.S. Securities and Exchange Commission (SEC) announced that, effectively immediately, it was limiting the ability of foreign issuers to confidentially submit draft initial registration statements and amendments for review by the staff.
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