IFLR has worked together with Latham & Watkins to release the book ‘Accessing the US capital markets from outside the United States: an overview of key legal issues’.
The joint initiative is authored by partners from the firm’s offices around the globe and provides a comprehensive overview of issues that foreign issuers, their underwriters and advisors must be aware of when offering and marketing securities in the US.
Topics range from fundamental issues about the Reg S safe harbour and foreign private issuer definitions, to the use of GAAP in financial statements, to practical restrictions required between investment banking and research analysts.
The book goes beyond offering and marketing requirements. It identifies when tender and exchange offers might trigger provisions under US federal securities laws and has a chapter dedicated to the activities of non-US broker-dealers operating in the country.
Its coverage of Sarbanes-Oxley and Exchange Act reporting requirements make it a compliance tool to be kept on hand after the deal closes.
IFLR subscribers receive a hard copy of the book with this month’s edition of IFLR magazine. The book is also free to access online here.