Subject: File No. S7-08-20
From: Ralph P Dixon
Affiliation: Just your a average investor

July 27, 2020

Dear SEC,
Really?? On what planet is this good for the average investor. The small investors are already at a loss in this game. If you pass this you will have put us even further behind. With all the stuff going on in Washington today and with all the conspiracy theories about big bad governments you are just promoting that.
Please watch out for the small investors who are trying to save for kids college or their retirement. We look at what the big and small funds are doing. Dont close our doors.
Ralph Dixon