Subject: File No. S7-08-20
From: George Vargas

July 16, 2020

Completely opposed to this. Turning the stock market into a secret millionaires club is the opposite of the American Dream. Taking away the ability to learn from professionals doesn't make anyone better. It just further oppresses the poor and disenfranchised. Furthermore, this opens the door to greater possibilities of insider trading and anti-competitive behaviors. SEC, get your head on straight.