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Image header Agence Europe
Europe Daily Bulletin No. 9366
Contents Publication in full By article 14 / 25
GENERAL NEWS / (eu) eu/financial services

Commission welcomes US proposal on deregistration of foreign companies from stock market

Brussels, 14/02/2007 (Agence Europe) - The European Commission has welcomed new rules proposed by the United States (US) Security and Exchange Commission (SEC) that would make it easier for non-US companies listed on US capital markets to deregister from those markets. The Commission hopes it will take effect in June 2007.

In a letter to SEC on 12 February reflecting the position adopted by member states, European business associations quoted on the exchange and Committee of European...

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