August 27, 2020
This is an unfortunate proposal since it will be taking a toll on market transparency. According to the Harvard Law School forum, increasing the threshold would slash the number of reporting filers by 90%, from 5,089 to 550. Although this will probably be optimizing your job it will have a negative effect on your most important client, the average investor. If the proposal goes through, it will not be clear for the average investor to analyze information and data from the top managers. We can all be better investors by being informed.