Section 12(g) of the Exchange Act, read along with rule 12g-1, generally requires registration by issuers having total assets exceeding $10,000,000 and a class of equity securities with at least 500 shareholders. In light of the practical difficulties of extra territorial enforcement of this requirement, section 12(g)(3) gives the Commission authority to exempt the securities of foreign issuers from section 12(g) "in the public interest and consistent with the protection of investors. "There sulting rule 12g-3 exemptsa foreign issuer's securities if the issuer or its home country government annually furnishes the Commission with certain information required by home country rules and any information actually distributed to its shareholders