Holding Foreign Insiders Accountable Act Disclosure

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission 17 CFR Parts 240 and 249 [Release No. 34-104903] RIN 3235-AN75 ( printed page 10320) AGENCY: Securities and Exchange Commission. ACTION: Final rule. SUMMARY: The Securities and Exchange Commission (“Commission”) is adopting final amendments to certain of its rules and forms under the Securities Exchange Act of 1934 (“Exchange Act”) to reflect the requirements of the Holding Foreign Insiders Accountable Act (“HFIA Act”). The HFIA Act amended Section 16(a) of the Exchange Act to require directors and officers of a foreign private issuer with a class of equity securities registered under Section 12 of the Exchange Act to provide disclosure of their beneficial ownership and transactions involving the issuer's equity securities. The final amendments revise the Commission's rules and forms to reflect these statutory requirements. DATES: Effective date: March 18, 2026. FOR FURTHER INFORMATION CONTACT: Kelsey Glover, Special Counsel, or Kateryna Kuntsevich, Special Counsel, in the Office of International Corporate Finance, Division of Corporation Finance, at (202) 551-3450, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549. SUPPLEMENTARY INFORMATION: We are adopting final amendments to the following rules and forms: Commission reference CFR citation (17 CFR) Exchange Act:  1 Rule 3a12-3(b) 240.3a12-3(b) Rule 16a-2 240.16a-2 Form 3 249.103 Form 4 249.104 Form 5 249.105 I. Background S…