SEC Proposes to Increase the Form 13F Reporting Threshold: Proposal Would Increase the Form 13F Reporting Threshold From $100 Million to $3.5 Billion and Make Other Rule and Form Amendments 

Sullivan & Cromwell LLP - July 15, 2020

On July 10, 2020, the Securities and Exchange Commission (the “SEC”) proposed to amend rule 13f-1 and Form 13F to (i) increase the reporting threshold for filing a Schedule 13F holding report from $100 million to $3.5 billion, (ii) eliminate the de minimis threshold for individual securities, (iii) require institutional investment manager filers to furnish additional identifying information and (iv) make certain technical amendments to Form 13F.