July 14, 2020
Dear SEC,
I am just an individual investor and believe that we as somewhat outsiders to the institutional world of the stock market, have you the SEC to depend on for some of the most up to date and reliable public company information available to us. It is my belief that the 13F filings, even though delayed to the public creates a more equal opportunity for the everyday person to help them make a more informed decision. The reality of changing this rule will only express that the SEC has taken a step to help only the institutions and funds succeed even more. Therefore misleading the public about stating that the SEC is here to help through transparency. Taking away information that you have made available to the everyday person for so many years is only one step backwards in the wrong direction.The SEC expresses the message of equality to the public. Respectfully, passing this rule is far from equal for all of us. To whomever may see this message. I believe you know that. Whatever the bigger picture is for the SEC here, only the Sec is really aware of that, but please keep in mind that the people on the outside depend on you too.
Thank you for your time,
Joseph Mouawad