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Activist 13F reporting may be going away

Many of us follow Activist investors such as Bulldog and SABA among others.  The SEC proposal is to amend the Form 13F reporting threshold from $100 million to $3.5 billion.  Bulldog and SABA will now be below that threshold.

An Activist would then be able to buy 4.99% of a fund and need not report it on a 13F or 13D.

I am curious to know if you believe this will be helpful or harmful to the individual investors.

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Re: Activist 13F reporting may be going away

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