Aug. 1, 2023
Dear SEC, This rule needs to be reworked but it’s a start. Continue heading in the direction of transparency but do not allow institutions the ability to cast votes based of options positions. This will cause a chain reaction where eventually all retail votes will be useless because institutions own X% in call options. I can’t believe you even thought of this. This is not helpful to retail investors and leaves institutions with the ability to manipulate votes. Do not allow institutions to cast votes based off call options. Concerned Investor Sent from my iPhone