July 28, 2020
I am strongly against the new rule that proposes that 13F Data reporting change the $100 million threshold be raised to $3.5 billion.
It is hard enough for small time/individual investors getting a fair play in the market place. Changing the Threshold would just give big money more advantages in the market and hurt small time investors like myself.
This would not increase transparency in the market place. It would only help big money take advantage of the rest of us and decrease transparency.
Please do not raise the Threshold.
Sincerly,
Tim Herman