# 2025-22158: SEC's Mystery Get-Out-of-Jail-Free Card for Wall Street?

2025-22158, Order Granting Temporary Exemptive Relief, Pursuant to Sections 13(f)(3) and 36(a)(1) of the Securities Exchange Act of 1934 From Compliance With Rule 13f-2 and Form SHO, and Pursuant to Section 36(a)(1) of the Securities Exchange Act of 1934 From Certain Aspects of Rule 10c-1a, is a Federal Register notice from Securities and Exchange Commission published 2025-12-08, effective 2026-01-02 (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-22158
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-22158
- Title: Order Granting Temporary Exemptive Relief, Pursuant to Sections 13(f)(3) and 36(a)(1) of the Securities Exchange Act of 1934 From Compliance With Rule 13f-2 and Form SHO, and Pursuant to Section 36(a)(1) of the Securities Exchange Act of 1934 From Certain Aspects of Rule 10c-1a
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 56813
- Published: 2025-12-08
- Effective: 2026-01-02
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

SEC's Mystery Get-Out-of-Jail-Free Card for Wall Street?

## Summary

The SEC is giving some big investment managers a temporary break from certain new reporting rules about their stock activities and loans. This pause helps them avoid filing complex reports until early 2026, making things easier while the SEC sorts out the details. It mainly affects institutional investors and could save them time and money during this period.

## Effects PRIA read

- Delay of Form SHO Monthly Reporting: benefit, medium. If you are an institutional investment manager that meets the Rules' thresholds, the SEC temporarily exempts you from complying with Rule 13f-2 and filing Form SHO (which otherwise requires filing within 14 calendar days after the end of each calendar month). This exemption is effective January 2,…
- Postponed Rule 10c-1a Loan Reporting and Data Dissemination: benefit, medium. Covered persons who agree to covered securities loans and registered national securities associations (RNSAs) are temporarily exempt from certain Rule 10c-1a requirements: reporting to an RNSA is delayed until September 28, 2028, and RNSA public dissemination and some data-retention requirements ar…

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## Sources
- [2025-22158 on federalregister.gov](https://www.federalregister.gov/documents/2025/12/08/2025-22158/order-granting-temporary-exemptive-relief-pursuant-to-sections-13f3-and-36a1-of-the-securities)
- [2025-22158 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-12-08/pdf/2025-22158.pdf)

## Related
- [Previous: 2025-22156, Light-Walled Rectangular Pipe and Tube From China, Mexico, South Korea, and Tur…](https://policyrisk.com/federal-register/2025-22156)
- [Next: 2025-22159, Notice of Formal Determination on Records Release](https://policyrisk.com/federal-register/2025-22159)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-22158 (as of 2026-06-08).