Section 12(g)
Definition:
Section 12(g) of the Exchange Act. Requires an issuer to register a class of equity securities with the SEC within 120 days after its fiscal year end if, as of the last day of that fiscal year, the number of worldwide Record Holders is 2,000 or more persons or 500 or more Accredited Investors or 2,000 or more persons in the case of a bank, savings and loan holding company or bank holding company and its assets exceed US$10 million. Rule 12g3-2(b) is one of several exemptions adopted by the SEC to grant certain Foreign Private Issuers relief from SEC-registration under Section 12(g).