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Should the SEC require analysts/brokers/fund managers to publically disclose their holdings on a % basis?
Brokers, analysts, fund managers - they all tell us where we should invest our money. Would a requirement that they report their holdings by percentage help reduce fraud, pump-and-dump, bad advice, etc... Example: if their total investment holding are $2000, they should not have to report that they have $1000 in IBM, $1000 in TXT. They would report 50% in IBM, 50% in TXT. They would not report that the total is $2000.
3 AnswersInvesting1 decade ago