How should purchases and sales of Depositary Receipts (DRs) be reported on TIC Form S?
A. The purchases and sales of DRs where the underlying security is a foreign security should be reported as purchases and sales of foreign securities. Conversely, purchases and sales of DRs where the underlying security is a U.S. security should be reported as purchases and sales of U.S. securities.
Related Questions
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- How should purchases and sales of Depositary Receipts (DRs) be reported on TIC Form S?
