Subject: File No. S7-08-20
From: Gary M Whipple
Affiliation: none

July 27, 2020

As a retail investor, I find the 13F listings to be a useful supplement to other data about potential stock purchases. I can't imagine why you would increase the reporting threshold so that only the largest of the large investment companies would have to report their positions. I would encourage you to leave the reporting threshold alone and maintain the transaprency of the market.