United States of America: Securities and Exchange Commission closes consultation on definition of foreign private issuer and potential eligibility revisions under US securities law

Description

Securities and Exchange Commission closes consultation on definition of foreign private issuer and potential eligibility revisions under US securities law

On 7 September 2025, the Securities and Exchange Commission (SEC) closes its public consultation on the definition of a foreign private issuer. The SEC is seeking input on whether the current definition under Rule 3b-4 of the Securities Exchange Act…

Scope

Policy Area
Foreign direct investment
Policy Instrument
MNE: Treatment and operations, nes
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body

Complete timeline of this policy change

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2025-06-04
in consultation

On 4 June 2025, the Securities and Exchange Commission (SEC) opened a public consultation on the de…

2025-09-07
processing consultation

On 7 September 2025, the Securities and Exchange Commission (SEC) closes its public consultation on…