BENEFICIAL OWNERSHIP AND SHORT-SWING PROFIT REPORTING.

SEC. 929R. BENEFICIAL OWNERSHIP AND SHORT-SWING PROFIT REPORTING.(a) Beneficial Ownership Reporting.—Section 13 of the Securities Exchange Act of 1934 (15 U.S.C. 78m) is amended—(1) in subsection (d)(1)—(A) by inserting after “within ten days after such acquisition” the following: “or within such shorter time as the Commission may establish by rule”; and(B) by striking “send to the issuer of the security at its principal executive office, by registered or certified mail, send to each exchange where the security is traded, and”;(2) in subsection (d)(2)—(A) by striking “in the statements to the issuer and the exchange, and”; and124 STAT. 1867(B) by striking “shall be transmitted to the issuer and the exchange and”;(3) in subsection (g)(1), by striking “shall send to the issuer of the security and”; and(4) in subsection (g)(2)—(A) by striking “sent to the issuer and”; and(B) by striking “shall be transmitted to the issuer and”.(b) Short-swing Profit Reporting.—Section 16(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78p(a)) is amended—(1) in paragraph (1), by striking “(and, if such security is registered on a national securities exchange, also with the exchange)”; and(2) in paragraph (2)(B), by inserting after “officer” the following: “, or within such shorter time as the Commission may establish by rule”.