SEC No-Action Letter: Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Financial Group, Inc.

February 7, 2011

The Staff or the SEC Division of Trading and Markets published a letter granting an exemption under Rule 102 of Regulation M to a Japanese firm relating to purchases made or arranged by the firm of its common stock in connection with a distribution of its securities and a share exchange. The exemption allows the firm to arrange through a subsidiary a purchase of shares of its own stock during the Reg. M restricted period.

Cross References

Reg. M, Rule 102

Barclays PLC, No-Action Letter (August 2, 2007)