On 22 April 2025, UN PRI issued policy briefing re disclosure reporting. UN PRI issued policy briefing, FAQ discussing schedule 13(D) and 13(G) reporting. Provided high-level overview of a specific regulatory provision of US SEC governing filings for investors with substantial shareholding of 5% or more of any class of company’s outstanding stock. Follows February, […]
U.S. SEC Fines 23 for Late Major Shareholding Reports – 13D, 13G
On 10 October 2023, the SEC issued confirmation that it is adopting amendments to the rules governing major shareholding reporting that had been proposed. The key changes from these amendments are: (a) reduction in the deadlines for disclosures of 13D and 13G Reports; (b) disclosure of cash settled securities; (c) clarification on the criteria for […]
On 22 June 2023, the SEC’s Investor Advisory Committee (IAC) held a public meeting (13D/G ~3:09 mark) which included a discussion on the proposed amendments Read the full article.
Flashback: April 2022, the SEC had just closed their comment period for SEC file S7-06-22, release numbers 33-11030; 34-94211 titled the Modernization of Beneficial Ownership… Read the full article.
On 28 April 28, 2023, SEC reopened comment period to allow persons opportunity to comment on additional analysis, data contained in new staff memorandum published. Memo provided additional background, baseline data on Schedule 13D and 13G filings. Investigated effects on activism from proposed change to Schedule 13D filing deadline. Additional analysis of harms to certain […]