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Frequently Asked Questions Relating to Treasury's Large Position Recordkeeping and Reporting Rules

Note: This updated list of large position rule questions and answers reflects modifications as of October 14, 2011.

Specifically: a new FAQ 3.1.3 has been added that clarifies who must sign the large position report; a new note (Note 3) has been added to FAQ 3.4.2 that clarifies the treatment of failed financings; and several FAQs have been revised to remove references to outdated information. For the readers' convenience, the entire list of questions and answers is reproduced below.

The information provided below is a summary of the most frequently asked questions, together with the answers that Treasury staff has provided in response to those questions. The Qs & As are grouped by category within the various sections of the rules. The Qs & As are not a substitute for the rules and as such should be used in conjunction with the actual regulations. Further, this information does not constitute a formal interpretation of the large position rules.

Any questions regarding the large position rules should be directed to the Government Securities Regulations Staff at 202-504-3632.

Select any section below to see a list of questions in that section and then select any question to see the answer to that question.

You can also print all of the questions and answers in one document.

1) SECTION 420.1 - APPLICABILITY

2) SECTION 420.2 - DEFINITIONS

3) SECTION 420.3 - REPORTING

4) SECTION 420.4 - RECORDKEEPING

5) APPENDIX A TO PART 420 - SEPARATE REPORTING ENTITY

6) APPENDIX B TO PART 420 - SAMPLE LARGE POSITION REPORT

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