Subject: File No. S7-08-20
From: Eric Wong, Esquire

July 14, 2020

I urge you not to change the threshhold for reporting holdings by fund managers and/or others from $500,000,000 to $3,500,000,000. this will reduce the reportings by 90%. Securities laws are all about disclosures to the public, and this will definitely be a step in the wrong direction.

Thank you.