2/2014: The equal treatment rule in securities legislation

The Securities Trading Act sets out the principle that issuers of financial instruments admitted to trading on a Norwegian regulated market must treat the holders of their financial instruments on an equal basis. This Circular addresses a number of themes related to the duty of issuers to treat investors equally. The objective of the Circular is to give issuers guidance in respect of the content and scope of the equal treatment rule, including general overview of the provisions on equal treatment and the legal issues involved and the application of the equal treatment rule when carrying out private placements.