The NAFTA, Preemption And Where In the World Are The Reservations?
Earlier, I wrote this post about the exemption from registration found in Section 3(a)(2) of the Securities Act for “any security issued or guaranteed by any bank”. For purposes of this statute, a “bank” generally means “any national bank, or any banking institution organized under the laws of any State, territory, or the District of Columbia, the business of which is substantially confined Read more...




