July 16, 2020
The new proposal is going to increase insider trading promoting separation from the normal traders and the elite by eliminating the general public from information to 90% of companies. The filings create transparency which is good for both information and to keep company's honest.
I am against this proposal.
This will make traders less willing to buy and trade stocks from the 90% that won't have to file because the 10% are safer having to file.