Subject: File No. S7-24-15
From: Luis Montiel

February 29, 2020

To whom it may concern,

It seems ludicrous that you believe investors cannot be trusted to understand clearly disclosed risks. I am insulted and annoyed that you are attempting to limit the investment choices available to retail investor. It is an unprecedented, alarming and a notable departure from the bedrock principles of the capital markets and of how the SEC regulates the offering of other securities. Is making stock ownership illegal next on the agenda?

You are attacking the essence of what makes our capital markets number one in the world.

Luis Montiel