Blog  •  November 01, 2023

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SEC Adopts Amendments to Rules Governing Beneficial Ownership Reporting

The Securities and Exchange Commission (SEC) recently adopted the final rule amendments governing beneficial ownership reporting under Sections 13(d) and 13(g) of the Securities Exchange Act of 1934. I first blogged about this in May of 2022. That’s when the SEC initially proposed these amendments, which would be the first major update to this reporting since November 2021.

More than a year later, the amendments for the Modernization of Beneficial Ownership Reporting are now final, and market participants must get ready to provide more timely information on their positions to meet the needs of investors in today’s financial markets. Here are the facts you need to know:

Exchange Act Sections 13(d) and 13(g), along with Regulation 13D-G, require:

The amendment details and requirements include the following: 

Key dates that impacted investors must follow include:

The SEC has yet to release any technical specifications for these forms. As always, we recommend checking this site regularly for any updates on these specifications as well as other SEC-related news. As for those who still have questions, feel free to contact the DFIN team. We are available to answer all your questions.


Marcie Clark

Global Director, Filing and Compliance Services, DFIN