### Question
How does SECURITIES EXCHANGES define routine governmental action?


### Answer
Under *15 U.S.C. § 78dd*, **routine governmental action** is defined as:

> only an action which is ordinarily and commonly performed by a foreign official in—


(i) obtaining permits, licenses, or other official documents to qualify a person to do business in a foreign country

#### Citation:
  - *15 U.S.C. § 78dd*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

