August 3, 2020
I am a small investor and would like to know where market makers and money managers are investing. While my stake is small, knowing where money managers are investing allows me to target my small portfolio to achieve maximum results. Increasing the limit on who has to file takes away my ability to see where smart money is investing. I will miss most opportunities available due to a lack of visibility into their insight and research early on. They have access to information I will never have, but this data does allow me to take a peek behind the curtain and conduct my own research into potential opportunities. I have profited from small obscure companies that I would have missed without access to this information. More information is certainly better than less and the transparency it provides small investors allow us to at least chance to level the playing field stacked against us. Please DO NOT increase the filing limit. Thank you for your consideration.