The Russian Federal Service for Financial Markets issued an order (with effect from 17 February 2012) allowing the dissemination of information on securities designated for qualified investors (QIs) (which arguably covers securities of foreign issuers not admitted to public placement/circulation in Russia) to non-QIs in Russia subject to (i) sending a notice to such non-QIs that the information is designated for QIs and is not intended for public distribution and (ii) receiving an acknowledgement from such non-QIs that they were informed of these limitations.