July 30, 2020
This proposal joins a long list of recent actions that decrease transparency and reduce both the Commissions and the publics access to information about our markets. More information is better than less. My financial advisor uses 13F information all the time when analyzing stocks to research who is buying and selling what I might be interested in. There are several money managers currently tracked to see when they are starting a new position in a stock, which is often worth taking a good look at. There is absolutely no worthwhile reason why we need to raise the limit for institutional money managers with more than $100 million in assets to more than 3.5 billion.