July 22, 2020
We wish to express our strong disapproval of the proposed reporting action. SEC should promote transparency and public information, rather than taking this retrogressive step. From 100 M to 3.5 B makes absolutely no sense. From 1978 onwards if inflation adjustment is made, the threshold for reporting should be no less than 400 M asset base.
What is the logic for hiding this information from the investing public?
Please stop this regulation change.