July 14, 2020
I am opposed to the rise in the threshold for institutional managers to report 13-F holdings. The 13-F requirements have been simple for managers to comply, report, and disseminate useful information to the overall investment community. Technology has made the reporting of 13-F reports even easier than the methodology used when the requirement was initially placed in service.
The 13-F program serves a legitimate purpose, is easy to perform, and benefits the investment community as a whole. Don't change the threshold.