The SEC said in in its proposal that changing the threshold for the first time in 45 years would better reflect the current size and shape of the US equities market, and lessen the administrative burden on smaller investment firms.It also argued that a $3.5 billion threshold would spare 89% of managers from having to compile and file a 13-F form each quarter, while ensuring that about 91% of US stock holdings by value would still be disclosed.
That calculation reflects the fact that a minority of investors such as BlackRock, Fidelity, and Warren Buffett's Berkshire Hathaway own the vast majority of publicly traded shares.Disclosure: TD Ameritrade is a partner of Insider, Inc.'s business development team, which is separate from its editorial department. We may receive a commission if you open an account.Something is loading.
Source: News Formal (newsformal.com)
he can fuck right off
Do they have to report on how much they spent on the riots & paying people to protest?
SenWarren
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