Subject: File No. S7-08-20
From: Richard N Lockwood
Affiliation: Science teacher, high school Anatomy and Materials Science

July 20, 2020

I am writing to express my strong opposition to the proposed changes which would increase the threshold for AUM for firms filing 13F forms. Although these changes would reduce the burden of paperwork, it would erode public confidence in the securities markets as a whole. Citizens of this fine country see you, representatives of the SEC, as guardians of the fairness and transparency of our market system. Your consideration in this matter is greatly appreciated.

Best Regards,
Richard N. Lockwood