On December 8, the staff (Staff) of the Securities and Exchange Commission’s Division of Corporation Finance issued 35 new Compliance and Disclosure Interpretations (C&DIs) with respect to foreign private issuers, qualified institutional buyers and offshore offerings. The new C&DIs include the following interpretative guidance: Foreign Private Issuers and Form 20-F: The SEC clarified certain requirements with respect to Form 20-F, including the following:an F-series registration statement may be used to register an offering of securities under the Securities Act of 1933 (Securities Act), and Form 20-F may be used to satisfy associated SEC reporting obligations, where a foreign private issuer: (1) guarantees the securities of a subsidiary that is not a foreign private issuer, or (2) issues securities that are guaranteed or co-issued by one or more subsidiaries that are not foreign private issuer;a wholly owned subsidiary of a foreign-private issuer may omit certain information from its Form 20-F annual report in the same way that a wholly owned subsidiary required to file a Form 10-K may omit information; anda foreign private issuer may incorporate by reference information previously filed into its Form 20-F annual report, subject to Rule 12b-23 under the Securities Exchange Act of 1934 (Exchange Act).The SEC… Read full this story
- Car finance debt breaking new records in 2018
- World Cup Inspires Whole New Generation Of Foreign Players To Someday Play For U.S.
- Fixed interest rate on motor finance will become 'new norm'
- Kritika Online Is Showing Off Brand New Windhome Update On Private Test Server
- Living Dangerously – Issue 35
- We Have New Intelligence Regarding The Identity Of The Counter-Spy Within The Department
- Change Agent – Issue 35
- The New V-Class EXCLUSIVE: Private Jet On Road
- New Google Now Cards: Live TV, Music And Offers
- The U.S. soccer team has issued harsh new guidelines about standing for the national anthem
SEC Division of Corporation Finance Issues 35 New C&DIs Regarding Foreign Private Issuers, QIBs and Offshore Offerings have 310 words, post on www.natlawreview.com at December 16, 2016. This is cached page on Talk Vietnam. If you want remove this page, please contact us.