No. of Recommendations: 9
I thought that once someone goes over 5% it must be disclosed at that time…I guess not in this case
The requirement is to disclose ownership and control to the feds, which they did. Always remember that the purpose of these filings is so that the regulator can know who is controlling what US listed companies, not so that individual investors can have "transparency" and copy their moves. That's why non-US stocks are not included, and why there is so much detail on the specific managers with voting control of each sub-block of shares.
Jim
