Subject: File No. S7-08-20
From: Dustin Eldredge

July 16, 2020

This rule will have an extremely negative effect on small investors and will drastically increase volatility on small market cap equities. This rule seems to only have been proposed to allow increased corruption and to disadvantage even further small investors versus large institutional investors. This will greatly increase risk for small investors, and may have a damping effect on the growth of new companies in a time when our nation greatly needs to support the growth of new industries. Please vote no.