Closing the loopholes in US regulation S for offshore offers and sales of securities
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 1 March 1997
Abstract
The United States Securities and Exchange Commission adopted Regulation S in 1990 to clarify that offshore offers and sales of securities need not comply with the onerous registration requirements of US securities laws. In the short time since Regulation S was adopted, a number of issuers have abused the regulation. Amendments designed to curb these abuses have been recently proposed. This paper addresses the impact of the amendments and identifies significant issues to consider when undertaking a Regulation S transaction.
Citation
Platt, D.L. and McKeefry, M.J. (1997), "Closing the loopholes in US regulation S for offshore offers and sales of securities", Journal of Financial Regulation and Compliance, Vol. 5 No. 3, pp. 249-259. https://doi.org/10.1108/eb024933
Publisher
:MCB UP Ltd
Copyright © 1997, MCB UP Limited