4 ms·
SEC uses 5%. It would probably work fine for the stated purpose (not missing many important owners, not listing overly many).
by maxerickson 4y ago
SEC uses 5%.
It would probably work fine for the stated purpose (not missing many important owners, not listing overly many).
- s1artibartfast 4y agoSo you list up to 20 names on every storefront and package?
- lmm 4y agoYou'd stop at the point where no single entity owned more than 5%, is I think the idea. Of course that would probably mean every store was just called "BlackRock"...
- collegeburner 4y agothen you realize you'd just be wasting paper printing * blackrock * vanguard * fidelity * state street * t. rowe price * most major banks * some random asset managers on like 90% of products? why tf bother? that doesn't actually mean anything to most people and nobody really cares.