July 14, 2020
The rule change regarding the reporting threshold makes ABSOLUTLEY no sense to me AND IS
OF THE DUMBEST THINGS I HAVE EVER HEARD. WW said it best
"Raising the reporting threshold to such a high number will severely limit future academic research on markets, investing and securities.
Raising the reporting threshold to such a high number will reduce public companies' opportunity to know more about who their shareholders are.
Many managers are known to talk among themselves, sharing ideas and information. They have access to company management that small investors don't. Given the SEC's emphasis on a level fair playing field, this rule change makes no sense."-WW
PLEASE REVERSE THIS