Brian Guzman spoke to Hedge Fund Alert about the backdrop to the SEC’s proposed amendments to close the “loophole” that allows investors to acquire more than 5% of a public company without filing a Schedule 13D report if that position is acquired via swaps. Brian predicted that the SEC is likely to complete its review of the public comments on this rule proposal and adopt a final rule in 2023. (Hedge Fund Alert is available by subscription at this link).