Subject: File No. S7-08-20
From: John 9086 Maxwell
Affiliation: Retired

July 14, 2020

This is not beneficial to the average investor and further increases the advantages of the larger firms which already have unfair control and advantage over the rest of us. I strongly disagree with this proposal and can see no good reason to implement it, other than to make the rich investment firms richer at the expense of the individual investor. This is a travesty