Subject: S7-08-20: WebForm Comments from Mulligan, Tim
From: Tim Mulligan
Affiliation:

Sep. 29, 2020

Subject: File No. S7-08-20
   From: Tim Mulligan
   --------------------------

   September 29, 2020

   Dear SEC Commissioners,
   I write regarding the proposed new rule raising the threshold for 13F
   filings from $100 million to $3.5 billion.
   My question - why stop at $3.5 billion? Why not $3.5 trillion?
   I jest, of course.
   It's another example of regulatory capture by the Republican-appointed
   commissioners.
   You're kowtowing to big money - exactly the opposite of your mission.
   At least you're transparent about it. Nothing subtle here.If you have
   money, the Republican-appointed commissioners at the SEC are "For
   Sale."
   Stop the shenanigans. Go read your mission statement. Kill this
   stupid, proposed rule.
   With the greatest amusement at your blatant sycophancy (yea, it's a
   real work, I looked it up) kindest regards,
   Mr. A. Small Investor