Trading UK shares in US

Many UK companies have words like:

"The Company's shares may not, directly or indirectly, be offered or sold within the United States, Canada, Australia or Japan ....."

I am currently sitting in the USA and want to trade some shares over the internet with my UK based broker.

Who's law might I be breaking ?

Could I potentially end up like the people involved in the on-line gambling fiasco ?

Reply to
Miss L. Toe
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You would not be contravening the sentence you quote. The shares would be sold in the UK.

Reply to
Stickems.

I doubt that you would be contravening any law anywhere. The point about this is probably something to do with Sarbanes-Oxley, which would affect the companies, not you.

Reply to
GB

I think that exclusion applies when the company involved trades their shares in a foreign market. Are you actually buying the shares or are you spread betting/trading CFD's? Don't you have enough opportunities in the USA? :)

Reply to
martin.shoebridge

Various US laws which you might ask in a USA legal group.

Quite possibly.

Peter Crosland

Reply to
Peter Crosland

Buying shares.

I am a brit on a business trip....

Reply to
Miss L. Toe

Rubbish.

They might be actually sold in the UK, although even that is not clear.

They would certainly have been offered in the US.

Reply to
Alex Heney

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