The U.S. Securities and Exchange Commission (SEC) has proposed amendments to 13F filings. Currently, investment managers with holdings of US securities totaling $100 million or more are required to file a 13F each quarter. The proposal seeks to increase that level 35x to managers holding $3.5 billion or more. The result? A 90% reduction in the number of 13Fs filed. This would reduce the number of hedge funds that file from 800 down to less than 100. It would decrease total filers fr...
