Mar. 17, 2020
Comment on SEC Proposed Rule #S7-24-15: I have been investing in the stock market for almost forty years and more recently have been using L&I funds as an integral part of my investing method. I was troubled to learn that the SEC might limit my abilities to invest using these funds. I check my investments at least daily, even if possible while I am on vacation, so I am very aware of their performance. I have read the disclosures already provided and feel that they are adequate. Further, I object to a brokerage being able to control my ability to invest in such funds. Frankly it seems to me that it would place them in a "no win" situation a brokerage. What criteria would the brokerage use to determine my ability to invest? There will always be an element of risk in investing that cannot be eliminated, so asking the brokerage to assure that an investor will not harm himself by being inadequately vetted is a fruitless endeavor. I would be very disappointed if these funds were withdrawn from the market based on proposed new regulations. Please, please, please do not inplement new regulations. And if changes are made please make any changes very minor as well as grandfathering present L&I investors. Thank you