Subject: File No. S7-08-20
From: Gene Dolgin

July 16, 2020

As a retail investor, I believe it is extremely important for 13(f) filing thresholds to remain as-is. These filings allow the public to see major concentrated holdings, to identify potentially risky investments based on those holdings, and most importantly, represent the type of transparency needed in the markets. This reporting mandate is not an undue burden to the investors to whom it applies, and the vast majority of the reporting work is, at this point, highly automated.