July 18, 2020
I believe passing this rule would be detrimental to "retail investors" and give the large funds houses an additional advantage in their trading practices to take advantage of the retail investor. It would make the playing field that much more uneven. Institutional Investment Managers at any level should have to on a regular basis disclose the equities and number of shares that are holding, changing this threshold will allow some take advantage of the system and exploit retail and smaller investors.