What Funds and Other Institutional Investors Need to Know About Section 16 Reporting for Foreign Private Issuers

In December 2025, the Holding Foreign Insiders Accountable Act (HFIAA) was signed into law, subjecting directors and officers of foreign private issuers (FPIs) to the insider reporting requirements under Section 16(a) of the US Securities Exchange Act of 1934 (Exchange Act).... By: Cooley LLP