Sector Regulation Sector Regulation

US SEC's Gensler leans toward urging shorter reporting deadline for investors' large stock acquisitions

By Neil Roland
  • 23 Jun 2021 15:31
  • 23 Jun 2021 16:05
The US Securities and Exchange Commission should probably shrink the 10-day period in which shareholders are required to report their ownership of more than 5 percent of a public company’s voting stock, Chairman Gary Gensler said today.

“Those rules might’ve been appropriate for the 1970s, but I have my doubts about whether they

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