Bank of New York ADR Division Files F-6 POS Form with SEC (0001201935)
In a recent SEC filing, the Bank of New York’s ADR Division submitted an F-6 POS form. This filing is significant as it provides important information regarding the division’s American Depositary Receipts (ADRs). ADRs are certificates that represent shares of a foreign stock held by a U.S. depositary bank, often used by foreign companies to trade on U.S. stock exchanges. The F-6 POS form typically includes details about the ADR program, such as the number of ADRs outstanding, any changes in the program, and financial information relevant to the ADRs.
The Bank of New York, founded in 1784, is one of the oldest banks in the United States and a leading provider of financial services worldwide. The bank’s ADR Division facilitates the trading of ADRs for foreign companies, allowing them to reach U.S. investors and broaden their shareholder base. For more information about the Bank of New York and its services, you can visit their website at https://www.bnymellon.com/.
An F-6 POS form is a filing required by the Securities and Exchange Commission (SEC) for the registration of additional securities by foreign companies issuing ADRs in the U.S. This form provides transparency and regulatory oversight of the ADR program, ensuring that investors have access to relevant information before trading these securities. It is crucial for investors to review F-6 POS filings to make informed decisions about investing in foreign companies through ADRs.
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Bank of New York ADR Division Files F-6 POS with SEC (Form 0001201935)
