Aug. 03, 2020
I am writing to express my concerns with the proposed change to the reporting threshold involving 13Fs. Transparency is key for maintaining trust in our markets as well as managing risk for clients. The reporting standard also keeps investment firms honest and accountable to their stated investment philosophy, mandate, and concentration limits. We strongly suggest that the proposed change would be poor for all investors and we urge the Commission to mandate the status quo. Best, Pearce Landry Pearce Landry Chief Executive Officer and Chief Investment Officer Granville Capital, Inc. 300 N. Greene Street, Suite 1750 Greensboro, NC 27401