July 13, 2020
I OPPOSE the proposal to change Form 13-F requirements.
As an investor, the information of which specific stocks are in a funds portfolio is critical in my selection process of which fund to invest in.
Knowing which stocks are included in a fund prevents me from investing in another fund that might duplicate investment.
Transparency beneficial if a fund is accumulating an excess of a particular asset. It also identifies investment opportunities.
Computers make data collection easy. Requiring this data is not onerous.
Benefits of the 13-F requirements outweigh the negatives.
I oppose these changes.