July 22, 2020
Strongly against this motion to increase the reporting threshold for Institutional investors. We need more transparency from institutional investors not less and dont feel the requirement to report 4x a year provides much in terms being an over burden for firms at current levels/size.
If youre going to increase the threshold ... why not index in more in line with an inflation-adjusted amount from previous requirements. A move from $100M up to $400M makes a lot more sense than the proposed $3.5B. That proposed amount excuses way too many players .... again this is a vote for more transparency not less.
Thanks,
Mark