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Foreign Equity Securities Securities Exchange Act

Orrick - Finance 20/20

SEC No-Action Letter on Definition of “Ready Market” for Foreign Equity Securities

Orrick - Finance 20/20 on

On December 27, 2012, the staff of the SEC Division of Trading and Markets issued a no-action letter setting forth conditions under which broker-dealers may treat certain foreign equity securities as having a “ready market”...more

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