Subject: File No. S7-08-20
From: Daniel Bower
Affiliation: Environmental Scientist AECOM

July 16, 2020

We need more transparency in the market not more secrecy. This is a "cheat" rule that is clearly aimed at the so called retail investors. Lobbyists are upset that it is easier than ever for individuals to participate in the stock market are looking to rig the game in their favor and push out the "little guys". Keep the markets fair and transparent. Reject this proposal.