Faegre shoots down FSA’s take on Prospectus Directive’s ‘100’ rule
US firm Faegre & Benson has a played an instrumental role in successfully challenging the Financial Services Authority’s (FSA) interpretation of the ‘100 persons rule’ in the new Prospectus Directive. After intense lobbying by the Quoted Companies Alliance (QCA), the Assoc-iation of Private Client Investment Managers (APCIM) and the London Stock Exchange, the rules, which could have […]