June 26, 2023
Comment two as a follow-up to a failure of reading comprehension. My initial impression of the rule proposed interpreted it as providing voting rights to the holder of derivate contracts for certain securities, but using my brain now I can see the language is for reporting. That said, I rescind my earlier rant in opposition, and hereby declare my support of the proposed rule. Arguably the main function of a market is price discovery and availability of information is key to making informed investment decisions. A fair market should strive to make all the information pertinent to a security available to those who purchase it. Failing to do so is akin to buying a car without being allowed access to its technical and/or safety data. The more transparency in the market, the better it is for all its participants.