2 weeks ago
SEC Adopts Final Rules Under HFIA Act to Boost Foreign Insider Transparency
RegulationExchange ActForeign Private IssuersFPI ReportingHFIA ActInsider DisclosureSEC ComplianceSEC RulesSection 16
TLDR: The HFIA Act was enacted on December 18, 2025, mandating SEC action within 90 days of enactment. FPI directors and officers must file Section 16 reports electronically and in English by March 18, 2026. The SEC removed the blanket Section 16 exemption, replacing it with narrower short-swing and short-selling carve-outs. Ten percent beneficial owners [...]
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