Title

SEC Adopts Rule on Beneficial Ownership of Security-Based Swaps
Client Newsflash

Created date

6/9/2011
The SEC has readopted portions of Rules 13d-3 and 16a-1 to ensure that its current beneficial ownership definition, which applies for purposes of disclosure and short-swing profit rules, will continue in effect with respect to persons who purchase or sell security-based swaps ("SBS") on and after July 16, 2011.