SEC mandates stock disclosures for foreign insiders

The SEC adopted rules on Friday requiring foreign company insiders to disclose stock trades. These regulations end exemptions and take effect by March 18.

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The United States Securities and Exchange Commission (SEC) has finalized new regulations requiring directors and officers of foreign companies traded on American exchanges to disclose their shareholdings and transactions. This move, announced on Friday, follows a mandate from Congress passed late last year and signals a more rigorous regulatory environment for international firms operating within the country.

The official seal of the U.S. Securities and Exchange Commission (SEC) is displayed at its headquarters in Washington, D.C. REUTERS/Andrew Kelly/File Photo
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