FTC and DOJ Allow Electronic HSR Filings
Client Alert | 1 min read | 06.21.06
The Federal Trade Commission and the Department of Justice have announced the implementation of an electronic filing system that allows parties to a transaction to submit via the Internet premerger notification filings required by the Hart-Scott-Rodino ("HSR") Act.
Under the new system, filing parties will have three options:
- Parties may complete and submit the Form and all attachments in hard copy;
- Parties may complete the electronic version of the Form and submit the Form and all attachments electronically; or
- Parties may complete the electronic version of the Form and submit it electronically while submitting all documentary attachments in paper copy.
More detailed information on the electronic filing system is available at https://www.hsr.gov/. Please let us know if you have any questions, or if we can be of further assistance.
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On August 28, the U.S. Department of Commerce Bureau of Industry and Security (BIS) published a final rule that modifies the Export Administration Regulations (EAR) to reduce the number of export control restrictions on Syria, in alignment with Executive Order 14312, Providing For The Revocation of Syria Sanctions. The key adjustments made by this rule include the addition of new or expanded license exception eligibility for exports and reexports to Syria (which significantly broadens the number of items that can be exported or reexported to Syria) and the adoption of more permissive license review policies for exports and reexports to Syria.
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