Foreign Issuers of Securities

Foreign issuers of securities:

A) who issue securities in the United States must register them under the 1933 Act unless an exemption is available.
B) whose securities are sold in the secondary U.S.market need not register under the 1934 Act.
C) are exempt from U.S.securities laws.
D) are brought under the antifraud provisions of U.S.securities laws if there is conduct in the United States relating to a violation of federal securities laws; the effects relating to such violation would not be sufficient to cause jurisdiction.