Subject: N/A
From: Stephen Elias

Mar. 17, 2020

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

I'm more than capable of understanding the risks of L&I funds. As a self directed investor I utilize L&I funds as a hedging method for my overview portfolio. The SEC should not interfere with the capability of self-directed investors. This ruling should only apply to accounts which are "managed" either robo-accounts or advisory managed accounts.