July 15, 2020
Dont giant funds already have it easy? There is no point in hiding their holdings other than to let them get away with grifting smaller investors aka the american public.
The justification for the rule change is highly questionable.
When is less transparency and less data ever a good thing for the small investor?
Some investors may want to avoid over-owned stocks, believing they have a high level of risk. This rule change greatly reduces individual investors ability to reduce their risk.
In the event of a significant correction the number of reporting managers would be diminished even further. The SP suffered a 56.4% decline during the 2007-2009 financial crisis. A similar event using the most recent quarter as an example, would have reduced the number of funds by another 31% at a time when such data is needed even more.
You guys would further corrupt an already bought and paid for rich person money making system. It pretty shameful