Leading Securities Experts Outline Foreign Options for Accessing U.S. Capital
ARLINGTON, Va., Feb. 5 /PRNewswire-USNewswire/ -- The U.S. equities market remains the deepest, broadest and largest equities market in the world and with a thawing economy, foreign private issuers are again beginning to execute public offerings here as part of their financing strategy.
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For foreign issuers that choose to go public in the U.S., there are a number of recent developments to consider, including those that are part of the SEC's Foreign Issuer Reporting Enhancements (FIRE). For those issuers not wishing to become subject to U.S. reporting requirements, a number of alternatives also exist. All options will be fully explored in a new BNA webinar, Capital Raising Alternatives for Foreign Issuers, on February 23, 12:30 – 2:00 pm, by BNA authors Anna Pinedo and James Tanenbaum, both attorneys with Morrison & Foerster LLP. Pinedo and Tanenbaum are co-authors of BNA's Accounting Portfolio #5507, SEC Reporting Issues for Foreign Private Issuers.
In this 60-90 minute webinar, Pinedo and Tanenbaum will cover:
Capital Raising Alternatives for Foreign Issuers
- 4(2) Institutional Private Placements
- 144A Market
- ADR Programs
Registered Public Offerings in the U.S.
- IPO Market Update
- Accounting and Corporate Governance Considerations
- Changes Relating to Deregistration
- Elimination of US GAAP Reconciliation and IFRS Convergence
Foreign Issuer Reporting Enhancements
- Testing Status
- New Form 20-F Filing Deadline
- Enhanced Disclosures in Form 20-F
- Financial Statement Changes
Attendees will 1) Understand the financing options for foreign issuers that seek to access the U.S. capital markets; 2) Learn about sponsored and unsponsored ADR programs; 3) Review the SEC's recent rule changes that may affect disclosures prior to preparing this year's Form 20-F; and 4) Learn about Foreign Issuer Reporting Enhancements.
"Now more than ever, foreign issuers are considering listing in active U.S. markets. And there's no more critical time for them to fully understand their options," says BNA's Accounting Policy & Practice Report Managing Editor, Susan Webster.
About the Authors
Anna T. Pinedo, Esq. is a partner with the New York office of the law firm of Morrison & Foerster LLP, practicing in the areas of securities and derivatives. She is widely recognized as one of the leading capital markets-derivatives lawyers in the USA, and serves on the American Bar Association's Committee on the Federal Regulation of Securities; the ABA Subcommittee on Disclosure and Continuous Reporting; the ABA Subcommittee on Securities Registration; the ABA Task Force on the Future of Securities Regulation; and the ABA Committee on Regulation of Futures and Derivatives Instruments. Ms. Pinedo earned a B.S.F.S., from Georgetown University, and a J.D. from the University of Chicago Law School. She is a member of the New York Bar.
James R. Tanenbaum, Esq., is a partner in the New York Office of Morrison & Foerster LLP and Chair of the firm's Global Capital Markets practice. He is recognized as one of the leading lawyers in the USA in the area of capital markets and international securities transactions. Mr. Tanenbaum is a frequent lecturer on capital market topics and has spoken before the Securities and Exchange Commission, SIFMA, various securities industry groups, and various domestic and international law schools. Tanenbaum earned a B.A. (summa cum laude) from Lehigh University; an M.A. (Fletcher School of Law and Diplomacy of Tufts and Harvard Universities); and a J.D. from University of Pennsylvania. He is National Chair of the Benjamin Franklin Society of the University of Pennsylvania.
Capital-Raising Alternatives for Foreign Issuers: Update on Developments Involving Foreign Private Issuers takes place February 23, 2010, from 12:30 – 2:00 pm, ET. To register for this webinar and obtain further information about CLE and CPE credits, go to http://www.bnatax.com/CLE-CPE-Information/?open&cmpid=tmtxpr2010 or call 1-800-372-1033, menu Option 6, then Option 1. The fee is $249 for BNA subscribers, $299 for nonsubscribers.
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About BNA Tax & Accounting Webinars
BNA Tax & Accounting is the foremost source of tax and accounting research, news, practice tools, and guidance for tax attorneys, CPAs, corporate tax managers, estate planners, and financial accountants. Designed for today's busy practitioners, our webinars offer the same expertise and relevance that are the hallmark of all BNA Tax & Accounting resources. In just 60-90 minutes, practitioners gain in-depth knowledge on a current tax or accounting topic from experts in that area — and benefit from practical applications that can be put to work immediately. Conference attendees have the opportunity to ask the speakers questions, and may be eligible to earn CLE or CPE credits — all from the convenience of their own office or conference room.
SOURCE BNA Tax & Accounting
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