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ORD 20146004Page 1 of 21ITEM ORD 20146004VILLAGE OF DOWNERS GROVE Report for the Village Council Meeting 1/6/2015SUBJECT:SUBMITTED BY:Special Use for a personal vehicle repair and maintenance facility
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SS-downers is a report that discloses a person's holdings in a security.
Any individual or entity that meets the threshold for reporting holdings in a security is required to file SS-downers.
SS-downers can be filled out electronically through the designated reporting system provided by the regulatory agency.
The purpose of SS-downers is to provide transparency in the market by disclosing significant holdings in a security.
SS-downers typically require reporting of the name of the security, the number of shares held, and any changes in holdings.
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