U.S. Securities and Exchange
Commission issues international disclosure standards. The SEC is adopting
new disclosure requirements for foreign private issuers of securities to adapt
to the international disclosure standards endorsed by the International
Organization of Securities Commissions in September 1998. The new requirements
will replace most of the non-financial disclosures of Form 20-F, the basic
disclosure document for foreign private issuers. The rule also clarifies how
"foreign private issuers" must determine whether their shareholders
are U.S. residents. The effective date of the rule will be September 30, 2000. Citation:
64 Federal Register 53900 (October 5, 1999).
**** Mr. Richard Ehrlich is a specialist in Corporate, Estate and Personal Financial Planning in Florida. In the course of his career, he has prepared hundreds of estate plans and helped hundreds of small businesses navigate the various issues involving insurance, retirement and employee retention. He has helped numerous families deal with the difficulties of taking care of elderly relatives and assisted with all of their long-term planning and long-term care needs. Finally, he has helped investors with their losses in unsuitable investments. LinkedIn Profile: https://www.linkedin.com/in/richard-ehrlich-777b513/; Attorney Profile: http://www.eldercounsel.com/profile/richard-ehrlich-ehrlich-law-center-pa/; Attorney Profile: https://solomonlawguild.com/richard-ehrlich%2C-esq; Attorney News: https://attorneygazette.com/richard-ehrlich%2C-esq#c35a1098-f039-43ab-b0dc-06cff6dabf61
