Financial Services Financial Services

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

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Neil Roland

Senior Correspondent


Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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