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Correspondence · July 8, 2020

Whistleblower email criticizing SEC's 2020 Form 13F transparency proposal

A July 2020 email from whistleblower a private individual criticizing an SEC proposal to raise Form 13F reporting thresholds, claiming it would reduce transparency.Machine-written summary

EFTA00071253

SEC.gov | SEC Proposes Amendments to Update Form 13F for Institutional Investment Managers; Amend Reporting Threshold to Reflect Today’s Equities Markets

The Securities and Exchange Commission today announced that it has proposed to amend Form 13F to update the reporting threshold for institutional investment managers and make other targeted changes.

www.sec.gov

Will exempt 90% of current 13F filers from future equity holdings disclosures.

WHO does that benefit? Certainly not the public the SEC is mandated to protect. LESS transparency still for the likes of Keener,Sason,Asher/Kramer,IBC,Ironridge/Coulston,Alpha,Dutchess,Crede, etc etc etc

Costs to file: pocket change

https://www.netacn.com/Service.aspx?id=dLfmwmZHCkOsIL-sP3V8Dw

Form 13F EDGAR Filing Agent Service :: Advisor Consultant Network

ACN will compile your 13F Report and act as your Filing Agent in order to submit the report to EDGAR. Send us your Holdings List, we compile the Form 13F Report and send you a Proof for your review and approval. Upon your approval we will submit the report to EDGAR. You will receive an email notification as will ACN that the report has been accepted.

www.netacn.com

So, WHY does the SEC want LESS transparency for the investing public it is mandated to protect? The SEC is bought and paid for by criminals.

Cheers!

Christopher J Dilorio

Whistleblower

From: Chris Dilorio <

Sent: Wednesday, July 8, 2020 9:35 AM