July 14, 2020
The proposed rules change lifting the threshold of assets for 13f reporting purposes is as unconscionable as it is blatant in its anti transparency maneuver. The notion that this is a cost savings measure is preposterous and insults the intelligence of the investing public.
The SEC has become a nearly useless regulatory body allowing participants and some ceos to play fast and lose with the rules enough already. Dont compound your mistakes by denying the public one tiny window into the markets where so many millions of investors have put their savings and their trust. This is a very bad idea.