July 23, 2020
I am opposed to this proposed rule change because i believe that transparency is the key to a stable honest market. As a small investor, I follow the recommendations of firms and read their disclosures to enhance my knowledge of the state of the market. Having as much information as possible is the only way someone like myself has a chance to increase wealth and save for the future.
By increasing the amount required to report the holdings of certain companies makes the market less transparent. Equally i believe firms should also disclose short positions in the market because it helps small investors like myself understand the underlying reasons certain positions behave.
Please consider leaving the reporting threshold at its current level (preferred), or at the very least increase the amount to match the rate of inflation of the original threshold.