Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does sponsored Level 3 ADR mean?

SEARCHING
Suggestion/Report Error
sponsored Level 3 ADR
Noun


A sponsored ADR program for the raising of fresh capital by a foreign company in the US market through a public offering of ADRs that trade on a major US registered exchange, it requiring the filing of a registration statement with the US Securities and Exchange Commission (SEC) and full compliance with SEC reporting requirements.

top
© 2015-2024 Pecunica LLC.  All rights reserved.
;