Phrases & IdiomsPhrase guide

Foreign Person Under Regulation AC

Foreign Person Under Regulation AC is a current Regulation AC defined term. This guide preserves the rule-specific meaning and boundary instead of replacing it with informal market shorthand.

Quick answer

Regulation AC defines a foreign person as any person who is not a U.S. person.

Key details

Canonical FormForeign person
Core MeaningRegulation AC defines a foreign person as any person who is not a U.S. person.

Further guidance

History Boundary

This page reflects the current reviewed Regulation AC definition and should be rechecked if 17 CFR § 242.500 changes.

Meaning

Regulation AC defines a foreign person as any person who is not a U.S. person.

Usage Boundary

The definition is specific to Regulation AC and should not be substituted for every ordinary-language, employment, or market use of the term.

Sources and evidence

Sources are shown with the role they play in this guide. Historical or style-sensitive claims are kept within the evidence boundary described above.

  1. 17 CFR § 242.500 — Definitions (opens in a new tab)Legal Information Institute, Cornell Law School · Current e-CFR mirror of Regulation AC definitions in 17 CFR § 242.500.

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