§ 128.11. Purpose of reports.
46 words·~1 min read·
/us/cfr/t31/s§ 128.11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Reports on international capital transactions and positions provide timely and reliable information on international portfolio capital movements by U.S. persons. This information is needed for preparation of the capital accounts of the United States balance of payments and the international investment position of the United States.