Treasury Demands Data on Foreign-Owned U.S. Securities
Published Date: 5/22/2026
Notice
Summary
Starting June 30, 2026, certain U.S. persons who hold lots of U.S. securities for foreign residents must complete a mandatory survey. The Treasury and Federal Reserve will contact the biggest holders to collect info on stocks, bonds, and money market instruments. If you’re not contacted, you don’t have to report—no extra costs or hassle for most folks!
Analyzed Economic Effects
5 provisions identified: 1 benefits, 4 costs, 0 mixed.
Mandatory survey for large holders
Starting June 30, 2026, certain U.S. persons who meet the reporting requirements must respond to a mandatory Treasury survey about foreign-residents' holdings of U.S. securities. The panel is drawn mainly from the largest reporters based on the June 2024 benchmark survey and the TIC SLT report as of December 2025, and those entities will be contacted individually by the Federal Reserve Bank of New York.
Estimated reporting burden hours
The Treasury estimates an average burden of 486 hours per report for the largest custodians of securities and 110 hours per report for the largest issuers of securities that are not custodians. These hour estimates apply to entities that have been selected and contacted to report.
What data must be reported
Reporters must provide information on foreign-resident holdings of U.S. equities, short-term debt securities (including selected money market instruments), and long-term debt securities as of June 30, 2026. The survey uses SHLA (2025) forms and the instructions available on the Treasury website.
No reporting if not contacted
If the Federal Reserve Bank of New York does not contact you, you have no reporting responsibilities for this survey. Most entities that are not individually contacted do not have to fill out the forms or submit data.
Submission deadline and timing
Data for the survey are measured as of June 30, 2026, and must be submitted to the Federal Reserve Bank of New York by August 31, 2026. Entities will be contacted individually with reporting instructions and the mailing and email addresses for submission.
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Key Dates
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