Subject: N/A
From: Jeffrey Brown

Mar. 17, 2020

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

I have been investing on my own since I was 14 years old. I am now 51 years old. My parents always believed in taking responsibility for your own actions -- good or bad. They guided me in my investments in the early years and encouraged me to continually learn more about investing. Maybe I'm the exception in today's world. 

I have a very simple view about investing and making investment decisions. Here it is. I choose what I want to invest in and assess the risk of it failing or losing money. The decision is mine and mine alone. 

While I appreciate the desire to help me avoid more risky (or perceived risky) investments, I kindly ask you to focus only on fraudulent investments and increase the transparency of information provided to investors. This alone will help me choose the best investments for me. You cannot possibly decide for me and be 100% certain it is in my best interests. 

Vanguard Investments already attempted to constrain my choice of investment vehicles. While they are against the proposed rule #S7-24-15, I have reduced doing business with Vanguard because of their desire to attempt to determine what is best for me. 

I ask that you stop this silly attempt to also decide what is best for me. If you truly believe that leveraged and inverse funds are dangerous to the investors, then, please improve the information provided and the manner in which it is provided, but always allow me to make my own decision. 

Jeffrey Brown