SEC Commissioner Peirce Declines to Support Final Rules on Beneficial Ownership
Reynolds Holding
OCTOBER 10, 2023
The heart of the final rule is a shortening of the filing windows for Schedules 13D and G, which report an investor’s holding of large positions in a company’s shares. Although better than the proposed rule, [1] the final beneficial ownership reporting rule continues to rest on flawed economics. Accordingly, I cannot support it.
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