July 20, 2020
As an individual investor, I sincerely hope that the SEC will not reduce visibility, accountability and transparency of information that 13f reports have been intended to provide. The new proposal is a minuscule cost-saver, and is really intended to further tilt the playing field of investing. Please do not raise the threshold so that entities that currently report filings be reduced by more than 90% (which is what the consequence of this rule involves).
The whole purpose of the 13f reporting will be greatly diminished if passed. There is no improvment in "efficiency" or "costs" it's just a reduction in visibility of investment actions.