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We also looked at SEC-166 today, regarding broadening the definition of depositary receipt.  In fact, most of the ontology is already ok in that regard, but the explanatory note on depositary receipt needs the following revisions: (1) correct the spelling in the first word of the note from 'depository' to 'depositary', and (2) change 'trading of shares' to 'trading of securities' and same with 'original shares' to 'original securities'. Also, because of the way that Chinese ADRs are managed, the explanatory note on ADR needs revision.  Rather than saying that "Each ADR is issued" it should say "Most ADRs are issued".  We should also raise another issue to add details about the Chinese ADRs to the note.


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