The Amended Rule 12g3-2(b) Exemption for Foreign Private Issuers
September 15, 2008
David M. Johansen, Francis Fitzherbert-Brockholes
DOWNLOAD PDF: The Amended Rule 12g3-2(b) Exemption for Foreign Private Issuers
On September 5, 2008 the SEC adopted amendments to Rule 12g3-2(b) which exempts foreign private issuers from registering their equity securities under Section 12(g) of the Exchange Act based on the availability of specified information and the satisfaction of certain other conditions. The amendments significantly simplify the process of relying on Rule 12g3-2(b) and add a new foreign listing requirement. The amendments go into effect on October 10, 2008.
If you would like to know more about any of the new rules mentioned above, please contact the White & Case lawyer with whom you regularly discuss securities matters or any of the following lawyers:
Colin Diamond
Partner, New York
+1 212 819 8754
David Johansen
Partner, New York
+1 212 819 8509
N. Adele Hogan
Partner, New York
+ 1 212 819 8626
Gary Kashar
Partner, New York
+ 1 212 819 8223
Kevin Keogh
Partner, New York
+ 1 212 819 8227
Francis Fitzherbert-Brockholes
Partner, London
+ 44 20 7532 1400
Sven Krogius
Partner, London
+ 44 20 7532 1526
James J. Black
Local Partner, Frankfurt
+ 49 69 29994 0
Petri Y. J. Haussila
Partner, Helsinki
+ 358 9 228 641
Gabor Molnar
Partner, Johannesburg
+ 27 11 341 4014
Kaya H. Proudian
Partner, Singapore
+ 65 6225 6000
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