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New SEC Rules to Make Deregistering and Exiting U.S. Reporting System Easier for Foreign Companies

This advisory discusses recent changes to SEC rules in connection with deregistration and termination of reporting obligations of foreign private issuers.

By reading this Sullivan & Worcester update you will understand:

• the current requirements for deregistration of foreign private issuers, which will continue to apply; and
• the alternative new requirements foreign private issuers may comply with in order to deregister their shares and terminate their reporting obligations in the
  U.S.

Client Advisory (PDF)