The United States has the largest securities market in the world, with a value of over $55 trillion. Foreign entities represent a substantial portion of U.S. market activity — cross-border investors hold approximately 20 percent of all U.S.
SEC Enforcements Highlight Risk of Noncompliance
he vast amount of cross-border investment in the U.S. securities market and the SEC's ever-evolving reporting structure compels foreign investor compliance teams and U.S. securities counsel to stay informed of potential reporting responsibilities and keep abreast of developments in the law.

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