As a retail investor, I strongly disagree with the proposed amendments to reporting. According to entities like Wall Street Journal, Bloomberg, and several other news orgs, the entire financial sector is looking to reassess market risks in an increasingly turbulent market. It is being reported that entities like The Securities and Exchange Commission (that's you, the SEC), the Treasury Department, Bank Regulators, etc, are ALL starting investigations into the health of the market and attempting to identify weak points, risks, and threats to the growth and stability of our markets. Why then is the SEC creating an amendment to reporting requirements that LESSENS reporting requirements? S7-2026-13 creates several holes in reporting that would allow the risks major banks and regulatory entities are actively looking for to go unreported. Without that information, these risks could snowball into much larger threats to the markets rather than if they had been reported and addressed earlier. These loosened requirements include things like: (7.) Eliminate Form PF Question 23(c) Volatility Reporting (8.) Eliminate Certain Trading and Clearing Reporting (10.) Eliminate Form PF Question 34 Monthly Asset Turnover Reporting (12.) Eliminate Certain Questions Concerning Qualifying Hedge Funds’ Exposures to Reference Assets (14.) Eliminate Rehypothecation Reporting (16.) Eliminate Form PF Private Equity Quarterly Reporting in Section 6. These loosened required reports as well as several others within the proposed amendment creates a massive blind spot in the SEC's ability to regulate the market, but also directly harms both retail and professional investors by eliminating important information that should be available to them when making investment decisions. Additionally, on top of the harm to investors and overall market, the timing of this amendment is not good optically: As many institutions are beginning inquiries into the broader health of the market, you are proposing reduced reporting requirements. Please consider how that could be interpreted to investors: It could be interpreted as the SEC purposefully attempting to hide information from the aforementioned entities trying to perform risk assessments and cause investors to lose faith in our markets. It is because of these reasons that I urge you to reject this proposal. Thank you for your consideration.