Aggregated News From Investment Management Regulators

SEC Proposal: Will You Still Be a 13F Filer?


Please complete the required fields.

On July 10, 2020, the US Securities and Exchange Commission (SEC) released a proposed rule amendment to increase the Form 13F reporting threshold from US$100 million to US$3.5 billion. An institutional investment manager (Manager) is currently required to file a Form 13F on a quarterly basis if the Manager exercises investment discretion over accounts of certain equity securities with an aggregate fair market value of at least US$100 million on the last trading day of any month, a number that has continued to look smaller and smaller since the adoption of the threshold in 1975. The SEC has explained that the proposed threshold increase to US$3.5 billion is proportionate to the growth of the US equities market since that time. The SEC has estimated that 89.2% of current 13F filers would no longer be required to make such filings based on this threshold increase. At the same time, the SEC explained that, since most reported holdings are currently held by large Managers, the increase of the threshold to US$3.5 billion would retain disclosure of 90.8% of the dollar value of Form 13F holdings currently reported.

Read the full article from Latham & Watkins here:

Recent Articles

SEC, NASAA, and FINRA Offer Free Resource to Securities Firms to Assist in Detection, Prevention and Reporting of Financial Exploitation of Seniors

Regulators Providing Free Training in Recognition of World Elder Abuse Awareness Day; Program Aims to Assist Firms in Implementing Requirements of Senior Safe Act In recognition of World Elder Abus

Six Charged in Silicon Valley Insider Trading Ring

The Securities and Exchange Commission today announced insider trading charges against a Silicon Valley trading ring whose members generated nearly $1.

Portfolio Transfer from Yarden Uitvaartverzekeringen N.V. to Dela Natura- en levensverzekeringen N.V.

Yarden Uitvaartverzekeringen N.V. with its registered office at Transistorstraat 10, 1322 CE, Almere, the Netherlands, intends to transfer its entire life insurance portfolion by way...

Get the latest from Regulatory.News in your inbox!