July 29, 2020
Plain and simple this proposal makes no sense. What prudent small investor would agree to making it harder to find information. The SEC has a huge job but keeping the little guy more in the dark hardly serves the public good and only perpetuates the distrust we outsiders already feel. We already know the game is "rigged" against us. The SEC should be "for the people" and work to LEVEL the playing field. First we eliminate Fiduciary responsibilities and now another poorly thought out agenda. Have you ever looked into Fidelity and how poorly their "advisors" are trained and how little knowledge they have re: investing? One cannot trust they have any individual investor's best interest at heart.
Do the RIGHT THING and scrap this proposal. Trust once lost is very hard to repair. Really, you can't make this stuff up.