Posts Tagged: Russian stocks

Emergent Global Capital Urges U.S. Investors to Convert Russian Shares by Nov. 11 to Comply with Russian Law 114-FZ

Posted filed under Business.

With a November 11, 2022 deadline approaching, Marc Zboch of Emergent Global Capital is urging investors to convert their United States-issued American Depository Receipts (ADRs) into normal shares traded on the Russian exchanges. According to Zboch, Russian law 114-FZ essentially cancels foreign shares traded outside of Russia. This means that Americans who were hoping that… Read more »