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ARTICLE · 30 JUNE 2025

Financial Markets And Funds Quick Take | Issue 39

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Katten's Financial Markets and Funds Quick Take is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds.

United StatesFinance and Banking
Katten Muchin Rosenman LLP
Katten Muchin Rosenman LLP
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Katten's Financial Markets and Funds Quick Take is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds.

To read more issues of Katten's Financial Markets and Funds Quick Take, please click here.

SEC Seeks Feedback on "Foreign Private Issuer" Definition and Accommodations

By Alyse Sagalchik, Mark Wood, Timothy Kirby, Richard Marshall

On June 4, the Securities and Exchange Commission (SEC) issued a concept release, soliciting public comment on the definition of "foreign private issuer." For an issuer that is already an SEC reporting company, its status as a foreign private issuer is remeasured annually as of the last day of the issuer's second fiscal quarter — meaning that, for issuers with calendar year fiscal years, their annual remeasurement date is June 30. As noted in the concept release, issuers that qualify as foreign private issuers are eligible to take advantage of certain significant

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