Subject: File No. S7-08-20
From: David R Boardman
Affiliation: Freelance Musician

July 30, 2020

I wish to oppose the proposed changing of the 13F reporting threshold from 100 million dollars to 3.5 billion dollars. Raising the amount would result in less transparency and a squashing of information relied on by investors. My understanding is if the threshold is raised, the number of companies required to report would drop from 5,293 to 549. I respectfully request that the current threshold be continued.