Subject: File No. S7-08-20
From: David A Johnson
Affiliation: Professor of Philosophy

July 23, 2020

This proposed rule change seems very problematic. It is yet another example of how the revolving door between government and big business leads to corruption within the government agency that is supposed to be regulating that industry. I don't have very much money so you probably won't pay any attention to me, but I hope that someone can stop this. Money managers should have to disclose more information, not less.