July 16, 2020
I'm writing to strongly oppose the raising of a reporting threshold for institutional investment managers. Reducing market transparency hurts investors, as well as publicly traded companies. Less transparency leads to less confidence in the market, for both domestic and foreign investors. This will have a number of detrimental effects on the economy. It's also important for companies to know who their shareholders are. Reducing market visibility is not what we need during a time of already faltering market confidence.