Subject: File No. S7-08-20
From: Ruth Logsdon
Affiliation: Homemaker

July 22, 2020

Re: S7-08-20

Please reconsider going forward with this change.

Our American financial system needs more transparency - not less. At a minimum, the optics on this are horrible. In reality, as a small active informed investor this move is disappointing.

Since 1978, this report has added more clarity to what firms are doing. It is truly an after action report with the pace of current financial markets... still it is useful information. Raising this limit will muddy our American financial investing markets.

Again, please do not move forward with modifying this American financial market standard.

Ruth Logsdon

(Wife of Retired USN Officer)