SEC adopts amendments to beneficial ownership reporting rules

Further insight into and context about the SEC’s announcement of changes to the Exchange Act.

As we reported yesterday, the SEC, without an open meeting, adopted rule amendments governing beneficial ownership reporting under Exchange Act Sections 13(d) and 13(g), updating Reg 13D-G to “require market participants to provide more timely information on their positions to meet the needs of investors in today’s financial markets”. 

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