July 14, 2020
Opposed to ruling changes due to:
-Raising the reporting threshold to such a high number will reduce public companies' opportunity to know more about who their shareholders are.
-Many managers are known to talk among themselves, sharing ideas and information. They have access to company management that small investors don't. Given the SEC's emphasis on a level fair playing field, this rule change makes no sense.
The justification for the rule change is highly questionable.
-When is less transparency and less data ever a good thing for the small investor?
Please don't implement changes as proposed