SEC Chair Gensler Supports Final Rules on Beneficial Ownership
Reynolds Holding
OCTOBER 10, 2023
In 1968, in the wake of abuses in the 1960s in the mergers and acquisitions field, Congress passed an important law known as the Williams Act. Under the Dodd-Frank Act, Congress gave the SEC the authority to shorten the beneficial ownership reporting deadline. Today’s adoption makes use of that Dodd-Frank authority.
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