“[the SEC should] Abolish Rule 144 and other regulations that restrict securities resales and instead require a company that has sold securities to provide sufficient current information to the market to permit reasonable investment decisions and secondary sales.”
Citation: Project 2025, Section 5.1: Financial Regulatory Agencies, David R. Burton, page 862, paragraph 12
Context:
This would increase liquidity by making it easier to resell securities, potentially improving market efficiency, but weakens investor protection when insufficient company information is available.
Full contextual analysis of Section 5.1: Financial Regulatory Agencies here.
Categories: Deregulation, The SEC