Subject: File No. S7-24-15
From: Rashmikant Shah

February 21, 2020

I am 71 years old retired and my wife is 69 years old.
We manage our savings and retirement funds.We do not like third party telling us what to do.
We have used leveraged funds to enhance our returns and provide good source of income.Proposed regulation will reduce our income drastically,hence our standard of living.
I do my own independent research and take informed decisions to invest. I have been an active investor for more than 30 years, and fulfilled our financial goals.We do need unnecessary regulations to destroy our standard of living and create more hardships in our retirement.
we are capable of making our decisions without
any big brother interfering in our financial life.