In just a matter of months, three rulings and a one settlement showed just how scattered courts are on whether US law reaches some American depositary receipts, stand-ins for stock traded on foreign exchanges.
Martina Barash is a Legal Editor at Bloomberg Law. She specializes in topics such as cryptocurrency, alternative investments, asset management, mutual funds, stocks and bonds, and wealth management, providing insights into the evolving landscape of finance and law. Martina's work has been featured in Bloomberg Law, Space Today, and MFWire.