A regulator’s bid to boost a reporting threshold for cash managers seems to have gotten no support from the public.
Institutional buyers submit a 13F filing every quarter that discloses their fairness holdings. The Securities and Change Fee proposed to boost the reporting threshold from $100 million to $3.5 billion.
Nonetheless, according to Reuters, evaluation by Goldman Sachs of nearly all of the two,262 letters filed throughout a remark interval weren’t supportive. Actually, Goldman says 99% of letters submitted opposed the proposal.
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