I agree. At the end of the day, remember that all of us have the ability of critical thinking. No DD has ever been absolutely perfect. The heat lamp DD made a design flaw (feature) of the DRS obvious to everyone. It helped understand that plan shares can be used by the DTCC, as is now confirmed even by the SEC.
I think this DD is an important milestone for investors who are already very knowledgable, as they might already be DRSd but missed an important little detail in their seemingly direct registered shares. They will want their shares far away from the reach of the DTCC after this DD. It gets the point across. But sure, it can be made simpler. Do it. The thing is, phrasing something in fewer words is an incredible amount of work.
I agree. At the end of the day, remember that all of us have the ability of critical thinking. No DD has ever been absolutely perfect. The heat lamp DD made a design flaw (feature) of the DRS obvious to everyone. It helped understand that plan shares can be used by the DTCC, as is now confirmed even by the SEC.
I think this DD is an important milestone for investors who are already very knowledgable, as they might already be DRSd but missed an important little detail in their seemingly direct registered shares. They will want their shares far away from the reach of the DTCC after this DD. It gets the point across. But sure, it can be made simpler. Do it. The thing is, phrasing something in fewer words is an incredible amount of work.