July 30, 2020
Less transparency means at least more fraud and anyway more work for managers who would have to compensate with transparency directly to investors.
It will be nothing but more work for the SEC in the end. 13F filing is extremely important in analyzing managers, its another check on the list and the only one from an independent source (besides the audit, which in equity is useless...).
I cant see the rationale and who would benefit from this change...