July 16, 2020
This sounds like a terrible idea. To take away insights from investors is the opposite of what the SEC should be pushing for. These deceases in financial transparency will only erode confidence in the fairness of the market. The beauty of the market is that the beauty of he American dream: anyone with the belief in themselves, and the right understanding can be a success. By taking away financial transparency, this is no longer the case, you would now need to have belief in yourself, the right understanding, and information from someone with information about the information that is unavailable to the public, or rely on rumors and speculation.
Hasnt America had enough of rumors and speculation driving the economy and policy?