Sep. 29, 2020
CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. I do not agree with the proposed changes to 13F filing. I ran a hedge fund for years and it is an important discipline. Moreover, 13F's add to market transparency like Rule FD. Why should only the public companies have to disclose material actions. Keep it at $100M limit would be best, but I can get my arms around financial burden need to move it to $250M. If we figure management fee of 1-2% that is $1.25-2.5M fees- enough to hire people and pay for a $5k filing. -- Amanda Macklowe Atlas