July 15, 2020
The SEC proposal to change the reporting threshold for Form 13F is an affront to transparency. This is proposal is not about reducing burdensome reporting this is simply about concealment. Increasing reporting thresholds would eliminate public access to institutional investment account information. Frankly, approving this proposal would only further the suspicion that the SEC does not govern but is rather governed by those greedy individuals and dark institutions who are the only beneficiaries to this proposal change to a reporting standard that costs little and has existed for nearly 50 years.