The Society, NIRI, and NYSE jointly petition the SEC to request that the SEC initiate a rulemaking to modernize its Section 13(f) disclosure rules by reducing the outdated 45-day filing period to no more than five business days to improve the utility of 13F filings for market participants and increase investor confidence in the integrity of the U.S. securities markets.
This Petition follows our earlier Petition for Rulemaking on the same topic, which was submitted in 2013. The Society, NIRI, and the NYSE together represent the interests of more than 2,400 public companies.