Americans for Financial Reform Education Fund and the Communication Workers of America sent a letter to the Securities and Exchange Commission urging that the Commission close critical loopholes and exemptions that currently exist in its Forms 13-F and 13-D reports that have been intentionally exploited by hedge fund investors. By doing so, hedge funds can no longer utilize derivatives and other complex financial instruments to build large positions and ambush the management of companies.
The post Letters to Regulators: Letter to the SEC on Addressing Loopholes in Forms 13-F & 13-D Reporting appeared first on Americans for Financial Reform.