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Some foreign firms could face tougher access to US markets

Image is of Grand Cayman, Cayman Islands.
Photo: David Rogers/Getty Images

The SEC said it welcomes comment on the burdens or benefits that may result from the possible regulatory responses noted in its release.

The SEC is reevaluating the definition of a foreign private issuer (FPI). It says the new definition needs to better represent these issuers to reflect today’s reality, so FPIs can benefit from current FPI accommodations while continuing to protect investors and promote capital formation. Comments are sought by September 8, 2025.

The

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