New SEC reforms ease the burdens on non-US issuers
The SEC has spent the last two years putting together a series of reforms designed to liberalize the securities offering process in the US and respond to changing issuer needs. The securities offering reform package came into effect on December 1, 2005. Later that month, the ‘kinder, gentler’ SEC also proposed new rules to make it easier for non-US issuers to deregister from the US markets (see Deregistration proposal. What does the reform package mean for foreign companies
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