Feb. 28, 2023
February 28, 2023 As a household investor, I fully support the SEC's proposed rule change 34-96496, which aims to increase transparency in the securities market and enhance the ability of investors to make informed decisions. The proposed rule would require public companies to disclose their human capital resources, including information on workforce diversity, compensation, and development. This information is crucial for investors to evaluate a company's long-term sustainability and growth potential, as well as its commitment to social responsibility. Furthermore, the rule change would require public companies to disclose the relationship between executive compensation and their financial performance. This will help investors to better assess the alignment of a company's management with its shareholders' interests and promote accountability. In addition, the proposed rule would enhance the disclosure requirements for acquisitions and dispositions of businesses. This will provide investors with more information about the potential risks and benefits of these transactions, enabling them to make better-informed decisions. Overall, the proposed rule change would increase transparency and accountability in the securities market, which is in the best interest of household investors. By providing more information about a company's human capital resources, executive compensation, and business transactions, investors can make better-informed decisions and protect their investments. Therefore, I strongly urge the SEC to adopt this rule change for the benefit of all household investors.