This book has been written to dispel myths surrounding SEC regulation and to provide useful explanations about what a foreign issuer needs to know about making offers in the U.S. Drawing on a panel of expert authors, the chapters address the key areas of U.S. regulation, in a reader-friendly style.
In response to criticism about the regulatory burden, the SEC has come up with a set of rule changes to make offerings easier for all issuers. Foreign private issuers will be able to take advantage of gun-jumping rules and the modernization of the shelf offering rules. Moreover, foreign private issuers that are Well Known Seasoned Investors (WKSIs) will be able to conduct rights offerings much more efficiently via automatic shelf registration.