U.S. Regulation of Debt Capital Markets — One-Minute Guide

Summary

This practice note describes the U.S. laws, regulations and regulators which are most relevant to international issues of debt securities outside the U.S. and covers: (1) Rule 144A; (2) Regulation S; (3) the TEFRA C and D Rules; (4) 10b-5 letters; (5) the Securities and Exchange Commission; (6) the Commodity Futures Trading Commission; (7) the registration and reporting requirements for foreign private issuers which issue securities, or desire a secondary public trading market for their securities, in the U.S.; and (8) state securities (blue sky) laws.