Subject: File Number S7-08-20
From: Patrick Larkin
Affiliation:

Aug. 17, 2020

This rule is an open neglect of your regulatory duties to the American people. 
The average investor is already at a disadvantage in comparison to these large institutional investors with 100,000,000 and more. Having the 13-F filing at this lower dollar level provides much needed transparency to how big money investors are manipulating the markets. IF you're saying this costs you too much money to regulate, raise the limit to 150 million and use that extra savings to automate your system better to handle this. Moving forward with this amendment is a demonstration of your lack of care for the average investor and evidence that you're playing the puppet of big money with your iron curtain of regulatory neglect. 




Patrick Larkin