Subject: File No. S7-08-20
From: Leelakrishna Channa

July 16, 2020

No. This proposal is a cheat rule aimed at killing the rise of at-home traders.

The proposed rule change would be a loss for all of us - it would enable more corruption and opaqueness.

Keep the markets fair and transparent. Reject this proposal.

The SEC should be pushing for more disclosure and transparency and not rolling back existing rules. This can only hurt small traders/investors and provides little to no benefit or savings.