17 C.F.R. § 250.5 Exemption of certain foreign holding companies.
Title 17 - Commodity and Securities Exchanges
Any holding company not organized under the laws of any State of the United States or the District of Columbia, and owning no utility assets located within any State of the United States or the District of Columbia and having no subsidiaries or affiliates owning any assets so located, shall, subject to the provisions of §250.6, be exempt from all the provisions of the act and rules thereunder: Provided, That such exemption shall not be applicable to any acquisition of utility assets located within any State of the United States or the District of Columbia or of any security of any company owning such assets or having any subsidiary owning such assets, if, as a result of such acquisition of securities, the acquiring company will become an affiliate of the issuer, except an issuer within any class specified in §250.10(a).
Title 17: Commodity and Securities Exchanges
PART 250—GENERAL RULES AND REGULATIONS, PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
Registration and General Exemptions
§ 250.5 Exemption of certain foreign holding companies.
