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Is there extra risk in owning an ADR vs. the underlying stock?

One of my favorite on-again-off-again recovery plays is Mittal Steel (NYSE: MT). I buy the MT ADR there (American Depositary Receipt) because I live in the US. Am I exposing myself to any extra risk ...

asked Dec 6 '10 at 18:08

John Shedletsky
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Is there extra risk in owning an ADR vs. the underlying stock?

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