July 28, 2020
RE: S7-08-20
This rule would make the market, buyers, sellers, and users, less transparent.
I can understand wanting to reduce the number 13F forms that need to be processed. Maybe an increase of the threshold by 10%-20%, but not several 100%.
This rule, as it stands, would hide the actions of thousands of million-billion dollar investors. The lack of transparency will cause strife.
It seems the United States is all about strife right now. We certainly do not need to fabricate more of it.
Please reconsider the amount you intend to increase the threshold, for the 13F reporting.
Thank you for considering my position on this subject.