1. SEC Proposed Rule Change Is A Step Backwards for Shareholder Democracy – Edelman

    SEC Proposed Rule Change Is A Step Backwards for Shareholder Democracy – Edelman

    On Friday, July 10th, the SEC proposed a rule change raising the mandatory threshold for filing 13F reports to $3.5 billion in assets under management (AUM). Not a small change, the SEC’s plan would raise 35-fold (the current minimum is $100 million) the level at which money managers are required to disclose each quarter the companies they own...

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