The United States and Switzerland signed on to an international treaty Wednesday intended to clarify what country's laws should govern in cross-border business deals with stocks, bonds or other securities. The two were the first to sign, but The European Commission advised EU members Wednesday to adopt the treaty, known as the Hague Securities Convention. In all, 64 nations helped draft the treaty and most have been working toward adopting it since 2002.
Nations Sign Hague Securities Convention
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