Under the Principle of Comity, All Foreign Governments Are Subject

question 38

True/False

Under the principle of comity, all foreign governments are subject to all U.S. laws.

---

Definitions:

Primary Market

The financial market where new securities are issued and sold for the first time to investors.

Equity Issues

The sale of new shares by a company to investors in order to raise capital.

Investment Industry Regulatory Organization

Investment Industry Regulatory Organization is a generic term that refers to a regulatory body responsible for supervising and regulating firms and professionals in the investment industry to protect investors and maintain market integrity.

Securities Industry

A sector comprising firms and institutions that facilitate the issuance, buying, and selling of securities, like stocks and bonds, to finance businesses and investment opportunities.