Subject: File No. S7-08-20
From: Jonathan M Drujak

August 26, 2020

I am vehemently opposed to the proposed change to increase the filing threshold. As an individual investor, the ability to confirm some of my own research by being able to see how like-minded investors are managing their portfolio is an incredible advantage and confidence boost. In light of the information age, the fact that we would be restricting information seems like the antithesis of what the SEC has tried to do over the course of the last 40+ years. Transparency has always been at the forefront of what the SEC has tried to provide to investors to ensure that they were not being taken advantage of and a change in the reporting rule seems like a total about face. Additionally, with Wall Street being massively under the microscope with the recent political turmoil, how does less transparency help to assuage the masses who feel like Wall Street is a "Boys Club" that is only out for themselves. I strongly hope that you reconsider, and leave the filing rule at its current threshold.
Warmest Regards,
Jonathan M. Drujak, P.E.