Subject: S7-08-20
From: Rob Nye
Affiliation:

Jul. 14, 2020

 

What is the justification and reasoning for this proposed rule change? 


My concerns: 
Raising the reporting threshold to such a high number will severely limit future academic research on markets, investing and securities. Raising the reporting threshold to such a high number will reduce public companies' opportunity to know more about who their shareholders are. 


Please keep transparency as open as possible. 


Automated filing processes for corporations has dramatically improved and enhances avaialbility of timely disclosure to a widening mass of individual investors. 


Thank you, 


Rob Nye