United States companies are offering their securities to foreign nationals in increasing numbers. Problems have arisen as to the applicability of various securities laws, especially the registration requirement, to such offerings. The author discusses the principal Securities and Exchange Commission releases and opinions which attempt to afford some relief but states that they only serve to confuse and obscure the problems.
Seymour Arthur Casper,
Transnational Offerings and the Problem of Integration,
34 U. Miami L. Rev.
Available at: http://repository.law.miami.edu/umlr/vol34/iss1/4