Subject: S7-08-20
From: N/A N/A
Affiliation:

Jul. 14, 2020




Changing reporting threshold requirements will invite fraud. SEC should act in the best interest of investors - not wealthy lobbyist for the hedge fund industry. In fact, SEC should lower reporting threshold. During such market turbulence, changing reporting rules is a terrible idea. SEC will be held accountable if the rule is adopted and small investor will be subject to a fraudulent activity because of it. 





Please consider these issues while making a final decision on this matter. 


Regards, 
Arnold Rozenvasser 

Investor