New SEC Rules May Be Good for Business but Not for Investors

Barrons – In a story about changes by the Securities and Exchange Commission that include proposals to streamline mutual fund and exchange-traded fund disclosures; new rules on corporate disclosures and regulating proxy advisors; and an expanded definition of “accredited,” investors who are allowed to own nonpublicly traded companies or securities, Healthy Markets Executive Director Tyler Gellasch is quoted saying “From an investor’s perspective, the changes are terrible to varying degrees. The rules limit shareholder rights and information in the public markets in the name of capital formation.” (Full Story).

Reader Interactions