EAO 326

On a financial statement filed under chapter 572 of the Government Code, a filer must list the stock of any business entity held or acquired during the year covered by the report, and if the stock is sold, the filer must report the category of the amount of net gain or loss realized from the sale. If a filer owns stock in a fund that itself owns stock, the filer is required to report only the stock the filer owns, not the stock the fund owns. On the other hand, if a filer has delegated the responsibility to buy and sell stocks to an account manager but retains ownership of the stocks, the filer must report the required information about each of the stocks held or acquired during the year covered by the report.