Breaking News – The SEC has implemented two emergency orders regarding the practice of short selling. You can read the SEC press release announcing the orders by clicking here. The first order takes effect immediately and is intended to halt short selling of 799 financial stocks. According to the press release, “This decisive SEC action calls a time-out to aggressive short selling in financial institution stocks, because of the essential link between their stock price and confidence in the institution.” The moratorium on short selling financial stocks will expire at 11:59 p.m. EST on October 2, 2008, unless extended.
Category Archives: Form 13F
SEC’s Form 13F Filing Deadline Approaching for Investment Advisers Acting as Institutional Money Managers
January 25, 2008
Registered investment advisors that file the Form 13F with U.S. Securities and Exchange Commission (“SEC”) should remember that reports must be filed within 45 days of the end of each calendar quarter. Therefore, fourth quarter Form 13F reports must be submitted to the SEC via EDGAR by February 14, 2008. Under Section 13(f) of the Securities Exchange Act of 1934 and Rule 13f-1 thereunder, an institutional money manager which exercises investment discretion over $100,000,000 of Section 13(f) securities must submit quarterly 13F reports to the SEC. Registered investment advisors meet the definition of institutional money manager and are therefore subject to this rule when the firm exercises investment discretion over $100,000,000 of Section 13(f) securities.
Third Quarter 2007 Form 13F Reports due by Mid-November
October 24, 2007
RIA Compliance Consultants, Inc. would like to remind Form 13F filers that reports must be filed within 45 days of the end of each calendar quarter. Therefore, third quarter Form 13F reports must be submitted via EDGAR by November 14. Under Section 13(f) of the Securities Exchange Act of 1934 and Rule 13f-1 thereunder, an institutional money manager which exercises investment discretion over $100,000,000 of Section 13(f) securities must submit quarterly 13F reports. Registered investment advisors meet the definition of institutional money manager and are therefore subject to this rule when the firm exercises investment discretion over $100,000,000 of Section 13(f) securities.
SEC Settles a Form 13F Filing Violation for a $100,000 Penalty
August 16, 2007
Earlier today, the United States Securities and Exchange Commission (“SEC”) issued Investment Advisers Act of 1940 Release No. 2634 (August 15, 2007) announcing its settlement with Quattro Global Capital, LLC, a registered investment adviser to a group of hedge funds, for failing to properly file the Form 13F.
