An SEC regulation allowing publicly-traded companies not to register stocks sold outside the United States to foreign investors. Created in 1990, this regulation was intended to encourage foreign investors to purchase American stocks in order to increase the liquidity of American markets.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
An SEC regulation that permits companies to not register stock they sell outside the United States to foreign investors.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.