Subject: File No. S7-08-20
From: NITIN L THAKKAR
Affiliation: Nitin L Thakkar

July 15, 2020

Sir / Madam

comments on S7-08-20

"Reporting Threshold for Institutional Investment Managers - File No: S7-08-20

I think this will be disaster for the individual investors - as a lot of us perform our due diligence using your information and the institutional holding is one of the key feature that is noted.

Also $100M is not a small investor and we insist that the threshold limit is not atall changed from the current reporting limit of $100M - this is an issue of transparency - It is our opinion that this is not so much about administration burden or costs. It is more about accountability and transparency. We believe there should be more transparency - not less. 13F filings are a valuable resource that provides clarity and accountability from institutional investors.

Hope the small investors will be kept in mind during decision making. -

sincerely,

Nitin Thakkar