13 Feb 2025
📈SEC Grants Temporary Exemption for Rule 13f-2 and Form SHO Compliance
Order Granting Temporary Exemption Pursuant to Section 13(f)(3) of the Securities Exchange Act of 1934 From Compliance With Rule 13f-2 and Form SHO
Summary
The SEC has granted a temporary exemption from compliance with Rule 13f-2 and Form SHO for institutional investment managers, extending the deadline for reporting requirements to January 2, 2026. This decision, made in response to industry concerns about implementation challenges, aims to facilitate accurate reporting and operational readiness among market participants.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document discusses a temporary exemption for compliance with Rule 13f-2 and Form SHO that impacts institutional investment managers, extending the compliance date to January 2, 2026. This change allows businesses more time to adapt to new regulations concerning investment reporting, potentially affecting financial reporting and compliance strategies.