Subject: file number S7-08-20 in the subject
From: David Zelman
Affiliation:

Jul. 14, 2020

 


You would be making a big mistake raising the AUM threshold to $3.5B.

I owned and managed a fund that had peak assets of $300mm + and I never once heard my CFO/COO ever complain about the time or cost of the filings. It was so irrelevant I have no idea how much it cost nor how much time it took. 

I am against you doing this. 


David Zelman | President | Zelman Associates | CIO | Zelman Capital |