July 14, 2020
Dear Sir or Madam,
I am a German investor ans was shocked b the recent announcement regarding the 13-F changes. When is less transparency and less data ever a good thing for the small investor?
Also, raising the reporting threshold to such a high number will severely limit future academic research on markets, investing and securities.
In my view, the proposed rule change would be a loss for the main street investor. The SEC should be pushing for more disclosure and transparency and not rolling back existing rules. This can only hurt small investors and provides little to no benefit or savings.