July 16, 2020
Why would you reduce transparency when your job is to maintain a free and fair market? It disturbs me that, for more sinister intent than gracious, there is even a proposition to push the threshold for fund disclosure higher. Companies deserve to know who owns large stakes, this not only would open the opportunity for multiple funds to operate under masking without disclosure, it could even promote fraud. This hurts retail investors and small funds from getting valuable insights into market data.
I plead with you, on behalf of many others who are not aware of this debate, to not adjust the regulation from its current from.
Best Regards,
Bill Rodgers