Subject: File No. S7-24-15
From: Dan Magers

February 21, 2020

This proposed rule is completely unnecessary and apparently the output of someone that doesn't have enough to do.

We do not need more red tape and hurdles in the markets. This would be a bad deal for investors and force many into "traditional" investments. But maybe that's the reason for it's proposal.

This proposal also establishes a dangerous precedent and would inhibit free markets, new products and force many of us independents into professional management and option markets. But maybe that's another reason for it's proposal.

Leave us alone. We need no more qualification hurdles.