Fernandes, Nuno; Lel, Ugur; Miller, Darius P. - In: Journal of Financial Economics 95 (2010) 2, pp. 129-147
We examine the first significant deregulation of U.S. disclosure requirements since the passage of the 1933/1934 Exchange and Securities Acts: the 2007 Securities and Exchange Commission (SEC) Rule 12h-6. Rule 12h-6 has made it easier for foreign firms to deregister with the SEC and thereby...
