10 Aug 2011 (or large trader identification number) to the registered These exclusions apply only for purposes of determining if a person is a large trader They will then be assigned a Large Trader Identification Number (LTID) by the SEC to their broker-dealers and identify the accounts to which it should apply. Application and Scope. As discussed in detail below, under proposed Rule 13h-1 , any person would be a “large (ii) Voluntarily registers as a large trader by filing electronically with the purpose of determining whether a person is a large trader, the following shall apply:.
The large trader reporting requirements will provide the Commission a mechanism for obtaining the information necessary to reliably identify the most significant of these market participants and promptly and efficiently obtain information on their trading on a market-wide basis. A large trader shall not be required to separately comply with the requirements of this paragraph (b) if a person who controls the large trader complies with all of the requirements under paragraphs (b)(1), (b)(2), and (b)(4) of this section applicable to such large trader with respect to all of its accounts. A large trader is an investor or organization with trades that are equal to or in excess of certain amounts as specified by the SEC. Large traders must register with the SEC. subsidiary to separately identify itself as a Large Trader, file Form 13H, or be subject to the other requirements that would apply to Large Traders. Similarly, a parent entity may avoid the filing requirement if one or more Large Traders controlled by that parent company comply with the rule and the filing requirement. 9. 9.
Application and Scope. As discussed in detail below, under proposed Rule 13h-1 , any person would be a “large (ii) Voluntarily registers as a large trader by filing electronically with the purpose of determining whether a person is a large trader, the following shall apply:. 1 Aug 2011 US Securities - Large Trader Reporting - New Rule 13h-1 needed from the SEC on the application of Rule 13h-1 to foreign large traders that 16 Aug 2011 On July 26, 2011, the SEC adopted Rule 13h-1 under the Securities Exchange Act of 1934 to require large trader registration and reporting.
Information Required of Large Traders Pursuant To Section 13(h) of the. Securities Name of Large Trader Filing This Form. LTID. Taxpayer Identification Number. Business (a) STATUS OF THE LARGE TRADER (check as many as apply). 7 May 2012 Large Trader Reporting Rule Impact on Capital Markets Transactions. Background. Last year, the SEC adopted Rule 13h-1 under the Securities
Large Trader Identification Form . Date ____ / ____ / ____ Please complete this form if you have registered as a large trader with the SEC and have received a large trader ID applicable to any accounts through which Goldman Sachs Execution & Clearing, L.P. (“GSEC”) may execute or clear transactions for you or otherwise custody positions in The large trader must advise the US-registered broker-dealer of all accounts held at that broker-dealer to which the ID applies. Large traders may assign suffixes to the ID to sub-identify persons, affiliates, departments or units that directly control an account.