July 27, 2020
I am dismayed by this latest proposal to raise the reporting requirement to 3.5Billion in assets. If the SEC is there to protect the "little guy" then more information is better than less. I follow different fund managers when doing stock research and this would hamper my ability to see where the "smart money" is going. I use the 13F on a weekly basis and cannot believe that the SEC thinks this is a positive change in protecting the small investor. Let's just give all the advantages to the big guys, why don't we?