George Pyle: 'If Ensign pretends it doesn’t have $2 billion in Apple or Microsoft, that makes the market much more difficult for investors to read and for regulators to oversee. And making the market easy to read is the SEC’s job.'
which, even if passed, won’t be much more than MAGA posturing.
It’s information that investors, big and small, can choose to use to decide which companies’ stock to buy, or avoid. There’s no government agency or rule telling anyone how or if to use that information. It’s just there if they want it. To make their own decisions with their own money, or money they manager for other people. Just the way the marketplace is supposed to work.
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