Subject: File No. S7-08-20
From: Ashok Chatterjee, Ph.D.
Affiliation: Senior Research Principal, Scientific Capital Management LLC

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.