Subject: File No. S7-08-20
From: Ned Lavengood, Jr.

July 15, 2020

As a small investor trying to protect my VERY hard earned capital transparency and access to data are two of my most important tools. Although 13F filings are woefully far behind in terms of timely reporting, they are essential to a level playing field for small investors. I would like to see you tighten the rules and require all trades be reported within 30 days of settlement.