SEC Releases New CFIs on Beneficial Ownership Reporting

The SEC has released three new corporation finance interpretations (CFIs) on beneficial ownership reporting (Questions 103.13–.15). Specifically, the CFIs address three scenarios related to whether a “shareholder that reports its beneficial ownership” of an issuer’s securities under Schedule 13G can participate in certain discussions without losing its eligibility to report on that schedule.

For more information, see the CFI page on the SEC’s Web site.