Investor Information and Opposition to the Fair Disclosure Rule
Thomas Weisel believes that individual investors already have too much information. Other industry professional oppose the SEC's fair disclosure rule for the same reason. The Securities Industry Association's general counsel expressed concern that the rule restricts rather than encourages the flow of information. Other securities professionals argue that individual investors aren't really capable of interpreting much of the information now available to them. Explain why one would agree or disagree with these opinions.