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The law does not require the S.E.C. to issue any such cross-border rules.
In the meantime it has chosen to delay rules forcing all foreign firms to comply with its cross-border rules.
Their heads are likely buried in the proposed cross-border rules the Securities and Exchange Commission released that morning.
And now the Glasgow club's new ownership believes an exit route from the Scottish leagues is becoming possible as UEFA explores changing cross-border rules.
Without strong cross-border rules, derivatives regulation will be meaningless because big American banks that dominate the global market in derivatives will simply engage in risky trades and rank speculation abroad.
Yesterday the American bank JP Morgan said in a submission to the Treasury that London was more likely to get what it wants in negotiations over cross-border rules if it negotiates as part of the EU.
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Vodafone's successful experience with Verizon Wireless is an exception to the cross-border rule, as the British company's mediocrity in other far-flung endeavors attests.
But it's also the small things in life that face the cross-border rule - such as the cost of postage.
"It's a good demonstration of the role the EU should play, setting the cross border rules for environmental health and safety but not meddling in the energy mix that is to be chosen by member states," he said.
He correctly recognizes that a Britain outside the union would count for less in world affairs, forfeit the privileged access it now enjoys to its largest trading partner, and lose its seat at the European table where matters of great importance to Britain are discussed — from cross-border banking rules to environmental regulation.
German cross-border merger rules favour the valuation of a court-appointed auditor over the relative market worth of the two companies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com