AMERICAN DEPOSITARY RECEIPTS: AN OVERVIEW

I would like to thank everybody involved for providing me with this opportunity to speak to you about the wonderful world of American Depositary Receipts (“ADRs”). Today I will attempt to provide you with an overview of the ADR market. I will talk about the different types of ADR programs available, and I will talk about the growth that has occurred over the last several years.

Joseph Velli

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