SEC seeks comment on foreign-private-issuer eligibility
Regulation · · Ketju Research
This entry records a proposal. It does not change the law unless it is adopted.
What changed
The SEC issued a concept release examining whether the foreign-private-issuer definition and related accommodations remain appropriate.
Who it affects
- Foreign issuers, funds, broker-dealers, investment advisers, and investors
What is still open
- Whether the SEC will propose eligibility or disclosure changes
What it means for an advisor
- Review exposure to foreign issuers and monitor possible changes to reporting comparability and product diligence.
Sources
- SEC seeks comment on foreign-private-issuer eligibility · Securities and Exchange Commission ·
Version 1, published . Educational analysis, not legal advice.