• SEC Amends Certain Rules Affecting Foreign Private Issuers
  • October 29, 2008
  • Law Firm: Torys LLP - Toronto Office
  • The SEC has amended several rules affecting non-U.S. issuers who access the U.S. capital markets. The changes relate to (i) the deadline for filing and the disclosure requirements of Form 20-F annual reports; (ii) the timing for determining "foreign private issuer" status; (iii) U.S. GAAP reconciliation requirements; and (iv) exemptions from SEC reporting for issuers not listed on a U.S. stock exchange.