Tuesday, December 06, 2005

SEC reform to ease US reporting obligations


Business is business.

Onésimo Alvarez-Moro

See article:
Foreign companies with New York share listings are set to be offered an easier route to ending expensive financial reporting obligations in the US.

Under existing US rules, even if a foreign company terminates its Wall Street listing it may have to continue filing accounts with the Securities and Exchange Commission indefinitely.

See full Article (paid subscription required).