Wilton Risenhoover

The US Securities & Exchange Commission wants to raise the reporting threshold [ pdf] triggering reporting requirements to $3.5 billion from $100 million, claiming the change would reduce burdens on smaller managers. The regulator reasons that easing reporting requirements would help small managers, reducing costs and preventing larger competitors from gaining insight into their strategy. Finally, the SEC says, removing transparency from the smaller managers would prevent front running.

The US Securities & Exchange Commission wants to raise the reporting threshold [pdf] triggering reporting requirements to $3.5 billion from $100 million, claiming the change would reduce burdens on smaller managers. The regulator reasons that easing reporting requirements would help small managers, reducing costs and preventing larger competitors from gaining insight into their strategy. Finally, the SEC says, removing transparency from the smaller managers would prevent front running.