Sep. 29, 2020
Subject: File No. S7-08-20 From: ian cameron Affiliation: investment manager ------------------------------- September 29, 2020 Changing the reporting threshold for 13-F's is a bad idea. There are absolutely no reasons to make the change, but many reasons to keep the current rules. The SEC and other advocates for investor rights continually talk about the need for increased transparency and accountability for the asset management industry, but this policy change would significantly DECREASE transparency and accountability. I know from personal experience that the reporting requirements are not onerous from a time or cost perspective. The 45 day window for filing ensures that trading information is already stale by the time it is released to the public. It would be a contravention of the SEC's own mission, and its responsibility to tax payers and investors to move forward with this change. Thank you for your consideration.