October 15, 2019
CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Dear SEC Staff, I am greatly concerned by your recent proposal to block the publication of quotations without specified information. This proposal will eliminate the ability of retail investors to sell their holdings of certain dark companies. This means that shares of these companies (with an aggregate market value of over $1 billion) may as well be worthless for the countless investors holding them. While institutions with unwanted stakes in dark companies may be able to sell stakes through block trades, retail investors will be stuck. This rule will encourage a multitude of companies to go dark, and put shareholders of such companies at the mercy of their supposed fiduciaries. Please protect us from such abuse by discarding the proposal. Thank you for your consideration. Han Han