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Does Carbon Trading Implicate U.S. Securities Laws?

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Does Carbon Trading Implicate U.S. Securities Laws?

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Howard E. Berkenblit, Nicole M. Crum, L. Elise Dieterich, Jeffrey M. Karp S&W Client Advisory, September 23, 2008 This advisory discusses securities law issues applicable to the issuance, purchase and sale of emission reduction units. As discussed in the advisory, certain activities conducted in connection with carbon trading regimes may trigger the application of U.S. securities laws.

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