Subject: S7-08-20
From: N Solano
Affiliation:

Jul. 16, 2020

 


I disagree with the idea that AUM threshold would be moved from 100M to 3.5B. 


This will allow bigger companies to manipulate stocks and hurt smaller investors. I don’t think the SEC should be taking steps backward to decrease transparency but should be keeping it the same or moving forward to more transparency.