Sep. 29, 2020
To Whom It May Concern: The SEC should not raise the reporting threshold for Form 13F. With the current movement to further fund smaller institutional investors, maintaining the current $100 million requirement will continue to promote accountability and transparency. Despite the large number of filings and operational costs this brings to the SEC, the empowerment that increased information provides visibility in a market that is teetering on a razor's edge of investor confidence. Additionally, enabling small-cap investors to fly under the radar prohibits private companies from truly knowing their potential investors, and limits their ability to make informed decisions regarding the equity those investors would garner. Thank you very much for reading, and I hope this email finds you and yours healthy. Regards- Dan Mead