PLI One-Hour Briefing: London Investment Company Act Equity Procedures 2012
PLI Briefing, September 19, 2013 – International Implications of the Recent JOBS Act Amendments
20 November 2012 at 16:00 GMT
The Forum for U.S. Securities Lawyers in London has recently launched the final draft of the London Equity Procedures 2012 (the “Procedures”), which include a menu of procedures and considerations to be used by issuers in the London market taking advantage of the Section 3(c)(7) exemption under the Investment Company Act of 1940 for equity securities. The Procedures were developed over the past year by the Co-Chairpersons of the Forum, Daniel K. Winterfeldt of CMS Cameron McKenna LLP and Edward A. Bibko of Baker & McKenzie LLP, along with a working group of colleagues from other prominent U.S. and UK law firms in London. The working group coordinated closely with market participants, including financial institutions, and other practitioners in the market.
Please join us, along with Mark Bicknell (Bank of America Merrill Lynch) and Oren Bechor (Deutsche Bank), as we address the following topics:
- The features of the Procedures and related considerations
- Anticipated use of the Procedures in the market
- Discussion of past and current approaches to the Section 3(c)(7) exemption and how the Procedures differ from such approaches
For more information or to sign-up, please click here.