June 27, 2023
I am in favor of enhanced beneficial ownership reporting. Thank you for proposing these additional disclosure requirements. I think they will go a long way towards improving the transparency (and thus trustworthiness) of equities markets.
Furthermore, I believe the Commission should go further, as I believe _all_ entitlements and obligations in publicly traded securities should be publicly accessible. The issues of concern extend beyond influence on voting and the issuer, but also on manipulation of the supply and demand in the public marketplace, which strikes at the very essence of what it means for a security to be public. Parties seeking to enter into derivative contracts to evade reporting their interest in a security should be discouraged, including by making such unreported contracts unenforceable.