July 27, 2020
As a small individual investor I do not support this rule change to allow most institutions and individuals to not report their transactions if they have more than $100 Million in assets but under $3.5 Billion. In fact, my own preference would be to improve transparency by lowering the threshold for reporting, not raising it.
More than 90% of those currently reporting would not be visible if the rule change passes leaving less than 600 of the largest managers visible to small investors so we can perhaps learn and follow where the "smart money" is investing. Changing the rule would decrease transparency which is one of the goals of the SEC and not improve its ability to monitor results.