Title

New Short Sale Reporting Requirements
Client Newsflash

Created date

9/22/2008

Under an SEC Emergency Order effective today, all institutional investment managers that are Form 13F filers for the calendar quarter ended June 30, 2008, will be required to file each week a Form SH reporting any short sale activity in Section 13(f) securities in the preceding seven calendar days. The Form SH must be filed electronically on the EDGAR system on a non-public basis but will become publicly available two weeks after the required date of filing.