Subject: File No. S7-24-15
From: John Laymon

February 21, 2020

Seems l like a dangerous precedent.

Nobody stopped TsLa trading and its up 150 +% in 2 weeks.
If this is approved it sets a precedent again that the government can tell us how to invest.

The tick rule fail-

Short sale restriction- fail. Stock can run up 1000 percent but if falls 10% gets ssr

Pdt- rule. Overseas dont have to follow and if you get stuck in a position you take more risk holding it trying to preserve a day trade.

Dont ban stocks from trading. If your worried about risk require higher margin requirement. But dont ban them.