July 30, 2020
I am very disappointed the SEC is considering this change to the 13F reporting. It's completely contrary to the notion of transparency in the markets and tilts the playing field away from the average investor. What "problem" is this "solving"? Other than the SEC deciding it's receiving too much paperwork, what's the issue? Also, the massive increase in the triggering level is ridiculous. It seems the only thing the SEC is trying to do is reduce paperwork by 90%... Paperwork every investor can use to advantage
I implore you to reject this change and leave the reporting requirements as is.
Thank you.