July 18, 2020
I think this change will have negative effects on the US economy and capital markets. By reducing transparency this hamper the ability of the general public to participate in the stock market and increase their prosperity.
More transparency and information make the market fair for everyone. Restricting information will only help concentrate wealth into fewer hands.
Compliance costs are negligible given the advances in automation. 2.3$ trillion dollars of investments suddenly going dark is a bad idea and hurts the general public. Please do not implement this change.