RegAlertIndividual decision · SEC · 6 Feb 2023
SEC Division of Corporation Finance no-action letter: Banco Santander, S.A.
The Division of Corporation Finance grants Banco Santander, S.A. exemptions from Exchange Act Rules 14d-10(a)(1), 14d-11(d), 14d-11(e), and 14e-5 for the transaction described in its February 3, 2023 letter. This order is issued based on the representations and facts presented in the request and is subject to the terms and conditions outlined in the Division's letter dated February 6, 2023.
UNITED STATES OF AMERICA
BEFORE THE
SECURITIES AND EXCHANGE COMMISSION
February 6, 2023
In the Matter of Banco
Santander México, S.A.
ORDER GRANTING EXEMPTIONS
FROM EXCHANGE ACT RULES 14D10(A)(1), 14D-11(D), 14D-11(E) and 14E-5 Banco Santander, S.A. submitted a letter dated February 3, 2023 requesting that the Securities and Exchange Commission (“Commission”) grant exemptions from Exchange Act Rules 14d-10(a)(1), 14d-11(d), 14d-11(e) and 14e-5 for the transaction described in its letter (“Request”). Based on the representations and the facts presented in the Request, and subject to the terms and conditions described in the letter from the Division of Corporation Finance dated February 6, 2023, it is ORDERED that the request for exemptions from Exchange Act Rules 14d-10(a)(1), 14d11(d), 14d-11(e) and 14e-5 is hereby granted. For the Commission, by the Division of Corporation Finance, pursuant to delegated authority. Ted Yu Associate Director Division of Corporation Finance
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