Subject: File No. S7-08-20
From: Anne Canty

July 22, 2020

Please do not change the thresh hold reporting levels for institutional investment managers. there should be more transparency required for these hedge fund managers not less. To allow more thresh holds to be more opaque helps the managers but creates an unfair playing field for the average investor. Why regress in this current economic environment?
I am oppose to this change. Thank you.