Resales of Offshore Securities into the United States: Evaluating the Overvaluation Risk to U.S. Investors

Authors

Stephen J. Choi, New York UniversityFollow

Publication Title

Washington University Law Quarterly

Abstract

This Article furnishes evidence on the offering discount consistent with the hypothesis that foreign investors were in fact unable to engage in resales ahead of the U.S. secondary market reaction to a Regulation S offering.

Recommended Citation

Stephen J. Choi, Resales of Offshore Securities into the United States: Evaluating the Overvaluation Risk to U.S. Investors, 78 Wash. U. L. Q. 519 (2000).
Available at: https://openscholarship.wustl.edu/law_lawreview/vol78/iss2/8