The Securities and Exchange Commission (SEC) has strongly opposed Ripple’s request to keep details about its financial and institutional sales private. The SEC believes that these details are important for the public to know. They argue that Ripple's request is too broad and does not have a strong legal basis. By trying to seal this information Ripple may be attempting to hide facts that could affect investors and the market. The SEC aims to ensure transparency and protect the interests of the public in this case.
