The HFIA Act eliminates a decades-old FPI exemption. Starting March 18, foreign directors and officers must file Forms 3, 4, and 5 on EDGAR. Here's the action plan.
This article is for informational purposes only and does not constitute legal advice. Every company’s situation is different, and you should consult with qualified legal counsel before making compliance decisions based on the developments discussed here.
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Disclaimer. This article is provided for informational purposes only and does not constitute legal advice. Readers should consult independent counsel before acting on any analysis. The views expressed are solely those of the author and do not necessarily reflect the views of Consilium Law LLC.