July 14, 2020
Looks like something the CCP would do-
Regarding: 13-F. Forms and regulations should be updated regularly for both efficiency, effectiveness and greater transparency.
This is exactly what the Chinese Communist Party does to hide information from its people
I never would've thought that this preposterous idea would've ever be put up for consideration. This is completely against what transparency is all about.
Why would anyone in America go along with a rule change that would allow 90% of institutional investors to hide their assets?
The SEC was established to level the playing field and stamp out corruption. If you let this rule pass you will bring back all of the lying and stealing that was rampant in Wall Street.
Thank you for your consideration and time.