Subject: File No. S7-08-20
From: Chirag Sudani

July 27, 2020

I am a very small investor in the market like millions of middle class americans . I strongly oppose this proposal on a reasons that this proposal will help hundreds of institutional managers to hide lots of information and move the market in the directions which they want. As a common investor , the people like us will never be able to know the facts that who are the bulk buyers in the particular stock and holding them or selling them and this will add more blindness in investing of small money resulting in more losses of hard earned money.