United States: Senate Proposes To Extend Section 16 Requirements To Foreign Private Issuers - Shearman & Sterling LLP

Tuesday, 16 January 2024
The U.S. Senate recently passed the National Defense Authorization Act for Fiscal Year 2024 (the "NDAA"), which, if enacted, would subject insiders (i.e., directors, executive officers and greater than 10% shareholders) of foreign private issuers ("FPIs") to the requirements of Section 16 of the Securities Exchange Act of 1934.

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United States: Section 16 Exemption For Foreign Private Issuers Remains Intact—At Least For Now - Torys LLP

On December 22, President Biden signed into law the U.S. National Defense Authorization Act for Fiscal Year 2024 (NDAA). As enacted, the NDAA does not include...
Mondaq on January 11, 2024

United States: Senate Proposes To Extend Section 16 Requirements To Foreign Private Issuers - Shearman & Sterling LLP

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