July 11, 2020
Hi,
I am deeply concerned about the proposed change.
This change will negatively impact the stock market, the average investor, and the ability to regulate these funds.
The lack of transparency will negatively impact the perception of the market. Causing fewer individuals to consider investing in the American stock market. This will cause hard working Americans to miss out on the value of compounding growth. In addition, this will hurt companies by reducing their ability to gather capital.
The SEC should be ashamed of this proposed change.
Sincerely,
Matt