July 15, 2020
The increase in reporting threshold will do nothing but remove any sense of transparency in the U.S. Securities market. This threshold increase will drastically reduce the amount of information available for small, retail traders. It is apparent that this is not in the best interest of the majority of investing Americans. I do not support any rule changes that allow big investment firms to hide or be exempt from disclosing their positions. The dramatic increase is a blatant move to remove the amount of information available to investors. This is a terrible idea that serves to allow further insider information and to further exclude small traders from equal participation in the market.