By Marc Lichtenfeld The U.S. Securities and Exchange Commission (SEC) has proposed a new 13F rule. Although the SEC encourages transparencies, this new filing rule would do the complete opposite. Chief Income Strategist Marc Lichtenfeld gives his opinion and explains how it will hurt investors.
When was the last time anything good came out of Washington?
Anytime I see a news story with a Washington dateline, I think, “Here we go, this is going to ruin my day.”
Amid the chaos we are experiencing these days, the Securities and Exchange Commission (SEC) has quietly proposed a rule that will be harmful to investors. No one seems …read more