Jul. 16, 2020
Hi, The lack of transparency in re: S7-08-20 proposal promotes systemic opacity that will be harmful to the overall investment sphere, the effects of which may stymie investor confidence in small-cap companies, which may hurt the overall business environment in the US, incentivizing investors to take less risk on such companies. To the contrary of S7-08-20, the SEC should promote further transparency and disclosure in order to bolster investor confidence and protect investors from unscrupulous monetary strategies. Best, Andy Liu