Aug. 17, 2020
I strongly advocate for revoking the proposal. Having never submitted a public comment before this - it takes a big flub to get out and speak your voice. Public markets do not only serve the purpose of increasing wealth for professional asset managers. They also serve as one of the few or only vehicles that any average American can preserve their wealth, or have a shot at setting up a nest egg for retirement when social security barely covers future retirement needs. Does the SEC want every average American to pay 2/20 in order to have a chance at retirement? If not - level the playing field for retail investors. For once.