The SEC Division of Corporation Finance granted an India-based entity no-action relief from certain Exchange Act tender offer requirements to allow for compliance with applicable Indian law.
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The SEC Division of Corporate Finance staff granted no-action relief to a Canada-based oil company which would allow it to conduct a tender offer in the United States in accordance with Canadian law.
The SEC Division of Corporation Finance granted a Sweden-based tobacco company no-action relief from SEA Rule 14e-1(c)-(d) and Rule 14e-5.
The SEC staff from the Division of Corporate Finance provided no-action relief to a Canadian corporation and allowed it to conduct a tender offer in the United States in accordance with Canadian law.
The SEC requested comment on a Public Company Accounting Oversight Board proposed rule that would require disclosure as to whether an issuer's registered public accounting firm is located in a foreign jurisdiction that prevents the PCAOB from conducting audit inspections.