July 24, 2020
I am against this ruling on various accounts. One is the proliferation of SPACS. I have invested in one and I would not have if I could not see the managers positions. That manager I believe is under the $3B cut off.
Since I can see his institutional holdings i will be able to see if there are any conflicts with his / her management of the SPAC.
I really dislike the move to less transparency. I am retired and worked for a money manager and the filing of the holdings was all automated and did not take up any ones time.
Richard Sinise