July 21, 2020
I strongly oppose the rule change that has been proposed by the SEC. This rule change would allow over 90% of asset management firms to hide their holdings, which is absolutely absurd. These firms need to be held accountable as numerous have shown in the past. Allowing them to remove this transparency will erode public trust and will put them in an advantageous position to screw over the American people. The fact that this is even being considered just shows the governments favorability towards big business at the expense of the American people and the average investor.