Definition: Form 13H is mandated by the U.S. Securities and Exchange Commission (SEC) for any individual or entity that meets the definition of “large trader.” A large trader is generally defined as a person, including any natural or legal person (domestic or foreign), whose transactions in National Market System (NMS) securities (stocks, options, and exchange-traded products listed on national exchanges) equal or exceed either two million shares or $20 million in market value during any calendar day, or 20 million shares or $200 million in market value during any calendar month.
Example: Large traders are mandated to submit an Annual Filing (Form 13H) within 45 days after the conclusion of each calendar year. This filing ensures the accuracy and update of trading information for the previous year.
Explore IVP Regulatory Reporting Solution
The IVP Regulatory Reporting Solution automates Form 13H filings. It is designed to help buy-side firms manage a complex slate of filings, disclosures, and trade reports in an increasingly strict regulatory environment. The solution meets this challenge by eliminating fragmented processes, enhancing accuracy, and reducing operating costs through end-to-end automation across global regulatory filings.
