I disagree on limiting, or curtailing the amount of available, public information that is regulated currently to be allowed, following Regulation S Amendment of 1998. Investing public, small or large, should be able to make its own choice on what information is relevent to their review as a US Investor. Abuses in Regulation S, after it was enacted in 1990, were pervasive, and taken advantage of by scheme approaches of institutional investors (Private Placement Offshore Funds). Disclosure of Stock Ownership, as well as timing of sales, and hedging into US markets unregistered shares. led to enforcement proceedings and guardails via amendment. Should not take those guardrails down, by limiting the record available now.