Subject: S7-11-22: WebForm Comments from Richard P Palmisano
From: Richard P Palmisano
Affiliation: Allstate

May. 19, 2022

 


 May 19, 2022

 I support removal of credit ratings as a stipulation to purchase stock by funds.  The SP and Moody's rating is outdated and the information related to specific stocks are readily available to all fund mangers via web sources that did not exist when this rating system was initially developed.