Search Results for keywords:"Form SHO"

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Search Results: keywords:"Form SHO"

  • Type:Rule
    Citation:90 FR 8493
    Reading Time:about 9 minutes

    The Securities and Exchange Commission (SEC) is implementing changes to the EDGAR Filer Manual, which outlines how companies should submit electronic filings. These updates, effective from January 30, 2025, include new forms and methods for reporting financial data and changes to existing filing requirements. Among the changes, a new Form SHO will be available for reporting short sales by institutional investors, and new XML-based formats will replace older formats for certain ownership reports. The changes ensure better transparency and align the manual with recent technological and regulatory developments.

    Simple Explanation

    The SEC is changing the rules for how companies share their money information with them, making it a bit like updating an app on a phone so it works better and keeps up with new technology.

  • Type:Notice
    Citation:90 FR 9568
    Reading Time:about 9 minutes

    In response to requests from industry participants, the Securities and Exchange Commission (SEC) has announced a temporary exemption for institutional investment managers from complying with Rule 13f-2 and Form SHO reporting requirements. Originally set to start on January 2, 2025, the compliance date has been extended to January 2, 2026, giving these managers additional time to adjust their systems and address any operational challenges. This decision was made to ensure the accuracy of the information that will be shared with investors. The SEC believes this extension will help achieve the goals of transparency and accurate data reporting, while balancing the preparation needs of the industry.

    Simple Explanation

    The SEC is giving big money managers more time—until January 2026 instead of January 2025—to get ready to follow new rules about telling people what stocks they own, so they can share the right information with everybody.