Answer the two questions below:
Why did the SEC issue this rule?
How did the SEC respond to comments on the rule proposal? Did the SEC do “too little” or “too much” or is the final rule “just right”? Justify your answer with appropriate evidence from the SEC rule.
Notes: Your answer can be between 300 to 1000 words. Be sure to check your answer for any spelling and grammar errors.
Find attached the material you need to complete the assignment, also if you need more information you can check the below website.
https://www.sec.gov/files/rules/final/2023/33-11216.pdf