Subject: File No. S7-24-15
From: Mark Graybill

February 19, 2020

Under the guise of "protecting the public", the implementation of the proposed change at a very fundamental level implies that government knows better how to handle an investment portfolio than the average citizen.

If that were true, the government wouldn't be borrowing the massive amounts necessary to make their own budget work.

It's a stupid and arrogant idea to think that a handful of people in Washington know best for the general population.

Clean up your own investment portfolio before you start meddling with the nation's privately held portfolios.