July 30, 2020
I respectfully urge you to not adopt the new rule elevating the new reporting threshold from $100 million to $3.5 billion.
This would exclude the activity of institutional investors from public data which is of great value to the individual investor and hides the institutional investors activity from public view. It also adds to the impression that Wall Street institutional investors use the system to unfairly take advantage of the market over the individual investor. Please do not apply the new values. Thank you.