kaal:claim:1664809-021

A European company retains some ability to avoid the Sarbanes-Oxley Act by declining to list its securities in the United States, an escape route that expansive extraterritorial securities litigation would close.

Source quote, verbatim

A European company, however, has some ability to avoid the Sarbanes-Oxley Act if it avoids listing its securities in the

From

Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010), 4.2. Overlapping Regulation, p. 5
https://ssrn.com/abstract=1664809 · source PDF

Cite as

Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010). SSRN: https://ssrn.com/abstract=1664809

Holds when

companies not listed on a US exchange

Classification

conditionsupport: arguedinstitutional-design

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