Subject: N/A
From: Patrick Belardi

Mar. 17, 2020

Comment on SEC Proposed Rule #S7-24-15: 

I strongly believe this proposed rule is bad for investors, it limits potential benefits and is an overly burdensome qualification process. I went through this process with my investment advisors and benefited from being able to trade these investments. I recently changed advisors and the new advisors does not allow me to trade these investments. Not having access to these investments has harmed me. 

The SEC has not shown there is a problem that needs to be solved. My should these investments be treated differently than all other securities, some with similar characteristics and risks. 

I believe this is a dangerous precedent. Investors should have the right to make their own investment decisions. Investors have access to the risks of investments and should refer to them before making purchases. It is the SEC's job to make sure these risks are clearly stated. 

It is not the SEC's job to limit the investment decisions investors make, but the SEC should make sure they have accurate information to make decisions. 

Patrick Belardi