Foreign access to U.S. capital expands
Article Abstract:
The Securities and Exchange Commission's (SEC) Rule 144A and Regulation S have made raising capital in the US more cost-effective and streamlined disclosure requirements. Latin American companies have been quick to take advantage of the opportunity. Rule 144A enables a foreign issuer in some instances to sell unregistered stock through an underwriter. Depositary receipt facilities, which have minimal transaction costs, have also greatly benefited Latin American companies. Regulation S details the SEC's registration rules for the marketing of securities outside the US.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
No bliss yet for online calls; Internet telephony capability is maturing but is at the heart of battle over local-access fees
Article Abstract:
The sound quality and reliability of Internet telephony do not yet approach that of the Public Switched Telephone Network (PSTN), and it is uncertain if they ever will, but as the audio quality rises the number of people who find such communication can replace PSTN will probably increase, particularly if the Internet keeps its price advantage. America's Carriers Telecommunications Ass'n and the Regional Bell Operating Companies are worried enough about competition from the Internet that they have filed a petition for rulemaking with the FCC.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Religion in the schools - access less than equal
Article Abstract:
The US Supreme Court's recent rulings on religious expression in public settings are less threatening to free thought and expression than Congress's Equal Access Act. Those who oppose government discrimination against other speech can hardly endorse it regarding religious speech, which should ideally be treated exactly like secular speech. The Equal Access Act, however, singles out religious meetings on school grounds as the only sort at which school personnel may not speak or participate.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Prevention versus punishment: toward a principled distinction in the restraint of released sex offenders
- Abstracts: Swapping bond investments to reduce capital gains - an illustration. Avoid being snared by unexpected depreciation recapture
- Abstracts: Testing the limits of judicial discretion in Chapter 11: the doctrine of necessity and third party releases. Trading claims in Chapter 11 cases: legal issues confronting the postpetition investor
- Abstracts: Lame duck period outmoded in 1990s. Amendments to Stark law curb referrals; many doctors must divest their interests in health-care ventures
- Abstracts: Sex harassment laws create new barriers. As participating loan arrangements gain in popularity, both their originators and participants must be aware of potential conflicts these relationships can create