July 14, 2020
I am troubled to see SEC is considering to give less transparency to the individual investor such as me, not more. 13F filing is an established, very cost effective filing already so the benefits of increasing the threshold is minimal. On the other hand transparency should always be the guiding principle for SEC which should be the main protector of the individual investor in financial markets. If you make this proposed change, you will act totally in the opposite way of your legally set guiding principles.
Please consider these issues while making a final decision on this matter.
Regards,
Burc Ozkan