17 CFR 242.503

§ 242.503 Certain foreign research reports.

United States · 17 CFR — Commodity and Securities Exchanges · Status: effective

Cite this

Citation: 17 CFR 242.503, § 242.503 Certain foreign research reports, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/69487
Permanent ID: ys:prov:69487@1
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Full text

A foreign person, located outside the United States and not associated with a registered broker or dealer, who prepares a research report concerning a foreign security and provides it to a U.S. person in the United States in accordance with the provisions of § 240.15a-6(a)(2) of this chapter shall be exempt from the requirements of this regulation.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.