Reply #6: This was a bad vote [View All]

[sandnsea]

It's intent was actually to get companies to release more information so investors could make better choices. If the law suit requirements were eased a bit, companies would be more likely to be more forthcoming. I'm sure many were. But as with anything, there's always the 3% rule. 3% of any given population will screw everything up for the rest. In the case of stocks, 3% can financially destroy alot of people's lives. It was a bad decision.