July 15, 2020
I am absolutely opposed to the threshold changes. It is difficult to view something such as this as anything other than a blatant attack on retail investors.
This will reduce transparency.
This will take away crucial information investors require to make properly informed decisions regarding their investments.
This will bludgeon investor confidence in the market.
This will be a blow to free market principles.
This will only receive support from institutional giants who, frankly, can afford the costs as they are and will paint a negative image of a free and transparent market at the expense of retail investors being left in the dark.
Retail investors will suffer the greatest blows and this serves to only introduce more risk.