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The U.S. Treasury Department ("Treasury") final rule amending the Large Position Reporting rules ("LPR Rules") was published in the Federal Register. The technical amendments to the LPR Rules provide the Treasury with the flexibility to specify where and how large position reports in Treasury securities are to be filed. Under the LPR Rules, the Treasury may issue a public announcement (which is subsequently published in the Federal Register) requiring a person who controls a 10 percent or more interest in a particular Treasury security to file a large position report with the Treasury. Under

The Office of the Comptroller of the Currency ("OCC") issued a new booklet titled "Government Securities Act." The booklet is part of the Comptroller's Handbook. The new booklet, which is also part of the Securities Compliance series, consolidates certain guidance from the "Securities Activities" booklet from the Comptroller's Handbook for Compliance and from the "Investment Securities" booklet from the Comptroller's Handbook . The booklet summarizes the Government Securities Act ("GSA") and provides guidance to OCC examiners for evaluating compliance with GSA regulations, including the

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