An SEC-proposed rule amending Form 13F to (i) modernize its data reporting framework, (ii) update the instructions for confidential treatment requests and (iii) raise the reporting threshold for institutional investment managers from $100 million to $3.5 billion was published in the Federal Register.
As previously covered, the SEC also included technical amendments within the proposal to align (i) the information provided in Form 13F with its existing eXtensible Markup Language (XML) composition and (ii) confidential treatment requests for Form 13F with the standards set in Food Marketing Institute v. Argus Leader Media, 139 S. Ct. 2356 (2019).
Comments on the proposal must be submitted by September 29, 2020.
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