Form SH-NT Filings

What Is SEC Form SH-NT?

SEC Form SH-NT is a notice filing associated with Form SH short sale reporting under the Securities Exchange Act of 1934. It was used by an institutional investment manager to notify the Securities and Exchange Commission (SEC) that all information otherwise required for that manager under Form SH was being reported by one or more other managers. Investors

This form was typically filed during the temporary Form SH reporting regime when multiple institutional investment managers exercised investment discretion over the same Section 13(f) securities and only one manager included the short position information in the underlying report. In that situation, the manager relying on another filer submitted a notice report rather than an entries report, and identified the other reporting manager or managers.

Form SH-NT helped the SEC identify managers whose reportable Form SH information was included elsewhere, while avoiding duplicative weekly reporting. The notice report was filed on a non-public basis through EDGAR and omitted the summary page and information table when all required information was reported by another manager. Key elements typically found in SEC Form SH-NT include:

• Name of the reporting institutional investment manager
• Indication that the filing is a Form SH notice report
• Reporting period covered by the filing
• List of other managers reporting to the filing manager
• Form 13F file numbers and CIK numbers of those managers
• Confirmation that the filing is submitted on a non-public basis

SEC Form SH-NT Filing Deadlines

SEC Form SH-NT followed the timing requirements applicable to Form SH weekly reporting. These deadlines were tied to the temporary short sale disclosure framework and were based on the calendar week immediately preceding the filing date.

Key Things to Know About Form SH-NT Filing Rules

• Notice Report Use Is Specific: A manager used Form SH-NT when all information required to be reported for that manager under the Form SH emergency orders was reported by another manager.
• Other Managers Must Be Identified: The filing required disclosure of the other manager or managers reporting on behalf of the notice filer.
• No Summary Page or Information Table: When filed as a notice report, the form omitted both the summary page and the information table.
• Filed on a Non-Public Basis: Form SH filings, including notice reports, were submitted as non-public filings during the temporary short sale reporting period.
• Part of a Temporary Reporting Regime: Form SH-NT relates to the SEC’s emergency short sale disclosure requirements and is generally encountered in historical filing records rather than current routine reporting.

SEC Form SH-NT is a notice filing used by institutional investment managers to indicate that required short sale information is reported by another manager under the Form SH regime. Analysts may monitor financial disclosures such as Direct Financial Obligations, Financial Statements and Exhibits, and review disclosure updates in the Securities Act Updating Disclosure