Subject: File No. S7-24-15
From: Lee Robinson

February 20, 2020

Not needed. Existing regulations on those making securities recommendations are already stringent enough. More are not needed or wanted.

If you remove or roadblock the opportunity for people to use these securities through additional burdensome regulations you're saying you don't trust people to make the right decision for themselves. Why? They make all their other decisions In life without you? Why do you think that you're more capable than they are in deciding what's best for them?

You'd also be preventing people from realizing their financial objectives by limiting what they can use. And for what reason? You know more than they do? Than their advisors do?