Section 3(a)(2) Bank Note Programs

16 Feb 2017 12:00 p.m. - 01:00 p.m. EST

Trevor Starer
(212) 336-4310

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Section 3(a)(2) of the Securities Act provides an exemption from registration for securities issued by banks. This program will cover the requirements of the exemption, offering structures for non-U.S. banks, requirements for banks and branches regulated by the Office of the Comptroller of the Currency, offering documentation and process tips for launching a bank note program.

Topics Will Include:

  • What is a “Bank”?
  • Non-U.S. Banks;
  • The OCC Securities Offering Regulations;
  • Rule 144A Offering Alternative for non-U.S. banks;
  • FINRA Matters;
  • Offering Documentation;
  • Launching a Bank Note Program; and,
  • Liabilities.


  • Bradley Berman,
    Of Counsel, Morrison & Foerster LLP
  • Jack McSpadden, Jr.,
    Managing Director, Citigroup Global Markets Inc.



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