July 17, 2020
I do not agree with this proposed rule change. This would mean less information being publicly available. Less transparency for all investors. I do not see any upside to this ruling in what is supposed to be an open and free market. This would allow more insiders to hide there holdings. If a ceo or some other executive at a company is selling shares then I truly believe that should be open to the public. If it is not then this would make insider trading a lot easier to do. The current rule on disclosures helps to keep people and funds honest. There is no reason to increase the threshold for disclosures unless someone is trying to hide dubious activities.