July 29, 2020
It is an important part in todays society to maintain transparency in the market place. The current reporting standards allow for investors whom invest capital with Institutional Investment Managers to hold them accountable and verify their investments. Millions of investors utilize this information to check and avoid a future Bernie Madoff scandal. The cost associated with such investment funds are a cost to the business, and are well understood by those who enter the practice. I strongly recommend that we keep the current reporting thresholds for the best interest of financial markets.