How are repurchase agreements and security lending arrangements reported?
The security lender should report the foreign security as if no repurchase agreement or security lending arrangement occurred; that is, the security should be reported. The security borrower should exclude the foreign security from this report. • Should ownership of funds incorporated outside of the United States be reported? Yes. U.S. investments in the shares of funds incorporated outside of the United States (i.e., foreign funds) are reported as equity, even if the funds in turn purchase U.S. securities. • Are depositary receipts reportable? Yes. All depositary receipts (e.g., ADRs, GDRs, IDRs) where the underlying security is a foreign security are reported if they are held for a U.S. entity. However, note that the issuer of the depository receipts should not report the foreign shares it holds in trust. • Are foreign securities held in a trading account reportable? Yes. All foreign securities are reported on Schedule 2 including those that are held for trading, available-for-sale,
