July 14, 2020
I strongly oppose this proposal for several reasons.
1) As a young investor, not only am I able to use 13(f) reports to harness more confidence in my research, but also my future.
2) These filings are educational to Main Street investors. They serve as guidance (and bread crumbs) as to why some of the worlds best investors make (or made) certain investment decisions. Its up to the Main Street investor to form that conclusion.
3) These filings dont reach public eye for 45 days following end of quarter. A lot can happen between EOQ and the day the 13(f) is filed.