Aug. 3, 2023
This rule is in my view not good enough, as I'd prefer it to be more "up-to-date" in terms of the needs of the household investors. Institutions have alle the technology available for same-day reporting, which would level the playing field so to speak, but they are reluctant to utilise such technological possibilities. The SEC should question why time, efficiency, and transparency are only implemented when it favours the Institutions, not household investors. In regards to voting rights; it is only the true owner of a share, that should be entitled to vote. Streetname/beneficiary "owner" loopholes can create too much conflict of interest... Best regards, K. Iversen