SEC eyes tighter disclosure deadlines for hedge funds building big stakes in companies


Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14, 2021.

Bill Clark | Bloomberg | Getty Images

Securities and Exchange Commission Chairman Gary Gensler said Wednesday that the regulator is eyeing tighter disclosure deadlines for hedge funds building sizable stakes in companies.

The agency is considering changing the rules under which hedge funds disclose that they have acquired 5% of a public company’s stock, Gensler said during a virtual Q&A at the Exchequer Club.

The so-called Schedule 13-D filing is currently set at 10 days, which gives…


0 0 votes
Article Rating

BAC earnings 4Q 2021

Previous article

MS earnings 4Q 2021

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Investing