Subject: N/A
From: Brenda Xu
Affiliation:

May 2, 2020

Comment on SEC Proposed Rule #S7-24-15: 

Since day one before trading stocks, it has been my responsibility to read the inherent risks of securities laws. As an individual responsible investor, I carry zero debt and have no mortgage on any of my properties, vehicles or purchased items. The reason being for investing in an ETF like YINN is because we see an opportunity for short term capital appreciation in the Chinese market after the China trade deal. However, the COVID-19 pandemic has caused a delay in our expected results. We check our investments upon a daily basis and understand/ monitor the strategic risks behind each investment. As long as we do not have any debt and we have the capability to carry on with our normal lives with significant savings outside of the securities market, I deem it my right to trade the securities that I currently hold and that the SEC has no right to interfere. In the event that the individual is highly leveraged, it is possible that the SEC has the right to intervene to mitigate losses of the individual and third party creditors. Our past trading of funds should allow us to continue trading these funds as long as we read the risks and associate our personal lives with the responsibilities. As long as we can carry on these tasks, I deem it my right in the public securities market to take part in trades. 

Best, Brenda