July 15, 2020
I include 13F information in my decision to choose a Company into which I intend to invest. As a private investor this information is the best part of my Due Diligence for US stocks.
I am against this project.
Think of the thousands if not millions of investors that need to invest for their pension with their 401K and that do proper diligence with this information.
It is my opinion that this is not so much about administration burden or costs (I understand that this process is automated for a great majority of companies in any case)so, not doing this is less work for them.
It is more about accountability and transparency.
I believe there should be more transparency - not less.