August 14, 2020
Dear SEC,
I am opposed to this regulation change.
The 13f filings of smaller funds are an incredible resource for the private investor. It allows me and others, to source ideas, learn and improve, and become more knowledgable and a better participant in the investing community.
Small funds are the ones that can develop unique strategies and diversification since they don't suffer from liquidity problems.
Millions of small investors that are acting independently are following such funds to continue to stay independent and make their own decisions. Please don't take this valuable resource of information away.
Thank you,
Adi Orzel