July 14, 2020
Hi SEC representatives,
Not sure you are aware, but we small and mid investors are trying to analyze the stock market here. I think the proposed change is awful idea to raise the 13F reporting requirement threshold. If whales do not provide a full list of their holdings - ok, fine, but at least let us analyze their investments with transparency
When is less transparency and less data a good thing for mid and small investors? With the change you propose, only such whales as W. Buffett and C. iCahn can survice out there at these challenging times.
I suppose these guys/companies are pushing this change...
Why don't you guys try to apply changes to stock market manipulations and fake news? SEC's main purpose (as all of us thought) is to ensure fair trades among all investors, with equal rights and any amount on their accounts...
Please revert the suggested proposal.