Subject: File No. S7-08-20
From: Keith W Coe

July 27, 2020

Sirs,
The reporting threshold for reporting by Institutional Investment Managers should be lowered not raised. Somebody lobbied your office and sold a bill of goods. In order to keep transparency apparent the value of holdings should be lowered so more information is available to investors. The country doesnt want a repeat of 2008. Please change the rule to better assist all investors not just the upper crust. Thank you.

Regards,
Keith Coe