Practical Law Glossary Item 5-385-1561 (Approx. 2 pages)
Glossary
Rule 12g3-2(b)
A rule under the Exchange Act that exempts certain foreign private issuers from having to register a class of equity securities under the Exchange Act and, as a result, from compliance with the ongoing periodic filing requirements of the Exchange Act. To qualify for the exemption, a foreign private issuer must:
Be listed on a non-US securities exchange which qualifies as the foreign private issuer's primary trading market.
Not be subject to a current Exchange Act reporting requirement.
Promptly publish, in English, certain home country disclosure documents on its website.