SEC's Division of Corp. Fin. Issues No-Action Relief Regarding Preliminary Proxy Statement Filing under Curaçao Law

The SEC Division of Corporation Finance issued no-action relief to Schlumberger Limited. The Division stated that it would not object if Schlumberger were to file a definitive proxy statement without filing a preliminary proxy statement for certain matters that are (i) required to be submitted for stockholder approval at an annual meeting under Curaçao law, and (ii) are not among the matters specifically enumerated in Exchange Act Rule 14a-6(a) ("Filing Requirements").The SEC staff also said that other Curaçao-based companies could rely on the advice in the letter.

See: SEC No-Action Letter.See also:Incoming Letter from Schlumberger.