July 14, 2020
I am in the financial services industry and serve as a fiduciary advisor to high net worth clients. The proposed rule change makes absolutely no sense from my perspective as it severely limits the amount of available public information and challenges my role as a client advisor. This rule change will reduce the amount of available information by more than 90% for no apparent reason. I urge the SEC to reject this rule and thank you for your time and consideration. The cost/benefit analysis of implementing this rule is skewed very heavily toward the cost part of the equation with very limited to essentially no benefit to the general public.