Subject: File No. S7-08-20
From: Satchit Jain
Affiliation: Senior Semiconductor Industry Executive

July 22, 2020

I am opposed to adjusting Form 13F that is changing quarterly disclosures from institutional investors that hold $3.5 billion in assets, up from the $100 million threshold currently in place.

This would reduce the transparency by middle fund managers. I urge you to not go ahead with the proposed changes and keep
the reporting threshold at 100 million, as is currently done.

Thanks,

Satchit Jain