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Re:Help Me HN: Can't think of new ideas I am interested on w... by david927 on Sunday June 05, 2011 @12:03PM (#2622241)
US citizens can own shares in a foreign public company. That company can sell shares. There's nothing the SEC can really get mad about here.
Re:Help Me HN: Can't think of new ideas I am interested on w... by prodigal_erik on Sunday June 05, 2011 @07:53PM (#2623169)
The SEC can bring felony charges against individuals offering unregistered securities, not just penalize a corporate entity that created the shares. As I understand it, it doesn't even matter whether the securities actually are shares of a corporation, or just some similar enough instrument. Before doing this, I would make very sure either the foreign corporation or the foreign market meet exemptions well defended in case law.
Re:Help Me HN: Can't think of new ideas I am interested on w... by david927 on Wednesday June 08, 2011 @04:13AM (#2632401)
individuals offering unregistered securities

These are fully registered securities. It's legal.