Fidelity (146822) Securities flagged as Reg S cannot be traded

Someone asks:

I researched “Reg S” but still am not sure of its meaning. Does it just mean if you live in the United States you cannot buy the stock?

(146822)Securities flagged as Reg S cannot be traded through this electronic channel. Please review your order or call a Fidelity representative for assistance at 1-800-544-2976.

fidelity-146822

Answers:

Eddie S:

It’s something they do to give different terms to the rest of the world vs USA residents. From what I’m seeing a little info on you want to stay away from them. Provides safe harbor to the seller and avoids registration.

Israel G:

Regulation S – often referred to as ‘Reg S’, are bonds or stocks that may not be offered,sold or delivered within the U.S… Additionally, they may not be on behalf or for the account or benefit of U.S. citizens, unless pursuant to an exemption from, or in a transaction not subject to the registration requirements of…