July 22, 2020
As a small business owner and entrepreneur, I feel that this disclosure rule change is not necessary, as the benefits of smaller investors having access to transparency far outweighs any burden of managers with over 100 million may have in filling out the forms. The SEC should prioritize transparency over any other objective, especially in todays markets. This proposed rule change I believe will be seen as poor oversight by the SEC by the people that the SEC is charged with protecting.