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The U.S. Treasury Department ("Treasury") issued a notice of proposed rulemaking to solicit public comment on proposed amendments to Treasury's rules for reporting large positions in certain Treasury securities. According to Treasury, the proposed amendments are designed to improve the information available to Treasury and simplify the reporting process for many entities subject to the large position reporting rules. Specifically, the proposed amendments Treasury's Large Position Report include: (i) revising the reporting format; (ii) requiring gross reporting; (iii) requiring reporting of