Under the new rule, large traders will need to identify themselves to the SEC, and each trader will be a uniqueidentificationnumber, which will need to be provided to each broker-dealers that they use.
The evidence presented revealed Valle's unique police officer identificationnumber, which corresponds with the identificationnumber used to search the names of his alleged victims.
After the Form 13H is files, the SEC will then assign each large trader a unique large trader identificationnumber (LTID), which will allow the SEC to efficiently identify and analyze trading activity by the large trader.
Nandan Nilekani, head of the UniqueIdentification Authority of India, believes that the number can transform Indian politics by curbing theft and leakage of public funds.