Increased Transparency for Foreign Companies Listed in the US
New rules enhance disclosure requirements for directors and major shareholders of foreign companies whose shares are listed in the United States. This aims to ensure that citizens investing in these companies have access to similar information as with American companies, potentially impacting the security of their investments.
Key points
Directors and major shareholders of foreign companies listed in the US must disclose their stock transactions.
The changes aim to increase transparency and ensure equal rules for all investors.
The Securities and Exchange Commission (SEC) has 90 days to implement new regulations.
Status:
Expired
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