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Firm Memoranda

SEC Proposes Expanding Rule 15a-6 Exemption for Foreign Broker-Dealers Doing Business in the United States

Date: 07/14/08

The Securities and Exchange Commission ("SEC") recently proposed expanding the Rule 15a-6 exemption which permits foreign broker-dealers to do business in the United States without having to register with the SEC as broker-dealers provided certain limitations are observed and specified conditions are met.

CGR Memo - SEC Proposes Expanding Rule 15a-6 Exemption for Foreign Broker-Dealers Doing Busi-ness in the United States.pdf (pdf | 196.93 KB )