Rule 12g3-2(b)

Rule 12g3-2(b)
USA
A rule under the Exchange Act that exempts foreign private issuers from complying with the ongoing periodic filing requirements of the Exchange Act. To qualify for the exemption, a foreign private issuer must:
• Be listed on a non-US exchange which qualifies as the foreign private issuer's primary trading market.
• Not be subject to a current Exchange Act reporting requirement.
• Promptly publish, in English, certain home country disclosure documents on its website.
For more information on Rule 12g3-2(b), see Practice Note, Rule 12g3-2(b) Filing Exemption: Why and How to Qualify (www.practicallaw.com/3-384-8503).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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