SIFMA requests that the Securities and Exchance Commission (SEC) grant an exemption from the large trader reporting rule (SEC Rule 13h-1) for certain capital markets transactions that may trigger large trader registration, including for those entities that are not the most active market participants or that do not conduct a large trader business, as intended by the rule.
SIFMA, SIFMA AMG, American Bankers Association (ABA), Bank Policy Institute (BPI), Institute of International Bankers (IIB), Insured Retirement Institute (IRI),…