July 15, 2020
Dear SEC,
I believe the SEC should not implement the proposal to increase the AUM threshold requirement for disclosure of positions. At a time when retail investing exposure is higher than ever, this only increases the risk of market manipulation by larger actors at the expense of individual investors. The SEC should be increasing, not decreasing visibility into market risks such as large accumulations of a certain security by major market players. I urge you to not adopt this proposed change, and hold in highest regard the interests of the people who elected the government that oversees and appoints the SEC.
With thanks,
Alan Durbin