July 23, 2020
I am AGAINST this proposed rule. This seems to be designed to help institutions vs individual investors. Prominent financial personality, Jim Cramer, who ran a hedge fund for 13 years, has publicly stated that the costs associated with reporting on a 13F for institutions is NOT a big cost or burden. Adjusted for inflation, the $100 million limit today would be $400 million. The proposed rule should be changed to only increase the reporting limit to $400 million