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Re: jerrydylan post# 29296

Tuesday, 10/06/2009 11:29:44 AM

Tuesday, October 06, 2009 11:29:44 AM

Post# of 57564
Jerry, I asked Dew about the 5% rule a few minutes ago (see below). Perhaps someone here on the Cortex thread might also have some insights.


>>> Dew, I had a question concerning the 5% ownership rule -

When entity-X holds 5% or more of company-Y's stock, entity-X has to disclose this in a filing with the SEC. But does company-Y also have to disclose this info via an SEC filing?

Institutional holdings are listed over on Yahoo, but the info is only updated infrequently (quarterly). Is there a way to find out more quickly when an entity has taken a 5% stake in a company?

Thanks for any insights. <<<













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