July 31, 2020
I am opposed to this regulation change.
As a small investor, it is a necessary part of mine and others investing practice to be able to see what stocks the professional investor has bought and what percentage of the their portfolio went to that stock at what price. I believe that this is an incredible benefit to the middle class investor that the SEC is hoping to serve.
Please do not remove one of the best sources of information available to those less affluent with already so few resources at our disposal.
Increasing the minimum will eliminate most of the professionals we follow of whom already intentionally limit the size of their investment portfolios. These small institutional investors provide us with essential market guidance.
The world is looking for more disclosure and more transparency, not less.
Best,
Daniel Gomez Ramos