by Keith Billotti, billotti@sewkis.com, (212) 574-1274
The U.S. capital markets offer greater liquidity and deeper pool of sophisticated investors, skilled investment professionals and financial news and media outlets than any other market in the world. However, because of the fear of the registration with the U.S. Securities and Exchange Commission (the “SEC”), the cost of compliance with the U.S. federal securities laws, and the burden of meeting stock exchange cross-trading requirements, many international companies elect not to have their securities traded in the United States. OTCQX International provides a cost-effective way for smaller foreign private issuers with securities cross-traded on a qualified foreign exchange to test the U.S. capital market waters and have their securities traded in the United States without SEC registration under the U.S. Securities and Exchange Act of 1934.
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To learn more about cross-trading on the OTCQX Market, please contact Keith Billotti at billotti@sewkis.com or your Seward & Kissel relationship partner.