Subject: File No. S7-08-20
From: Domenic V Urdi

July 28, 2020

I think this 13F rule change does exactly the opposite of what its supposed to in regards to transparency by allowing only the largest money managers to report on their holding. This proposal joins a long list of recent actions that decrease transparency and reduce both the Commission's and the public's access to information about our markets. Please reconsider this rule and do not allow it to pass.