July 16, 2020
I am writing today in opposition to the proposal to increase the reporting threshold. It is questionable at best in a time of record numbers of new investors to raise the reporting threshold, thereby obfuscating and blocking access to vital information contained within these reports. I believe this is an attempt by institutional investors to levy their weight against the general American public in an attempt to maintain a status-quo which will ultimately harm the greater good while profiting the few at the top.
In an era of unprecedented volatility and risk, it is vital to classify and avoid over-owned investments, retard corruption, and promote market transparency. These would be harmed with the proposed changes leading to harm average investors.