July 24, 2020
This threshold increase puts retail investors and traders at a SEVERE DISADVANTAGE by reducing transparency of big investment managers. This benefits the rich at the expense of the average investor, it is completely irresponsible. Many retail investors use these quarterly reports to find sector and industry trends amongst big institutional managers. I sincerely hope you will reconsider such a radical policy change. A 3500% increase in the threshold is nothing more than pure incompetence and irresponsibility, and further strengthens the publics belief that the SEC has become useless and corrupt.