Subject: File No. S7-24-15
From: Frank Parque

March 11, 2020

Dear Sirs,
I am writing in response to SEC Proposed Rule No. S7-24-15.
As I understand it, it could restrict a non professional from trading in LI funds.
This is extremely troubling to me as a non professional as I have used these funds extensively in the past.
That they are volatility and high risk investments is well documented in prospectus and general financial literature. That they should be a small portion of a portfolio if one chose to use them is the general wisdom.
Putting the determination if one is capable of understanding the risks in the hands of a competent broker seems an undue burden on both broker and client not to mention a highly subjective one. If my broker deems me unfit, do I shop around til I find one to ok me?
The SEC offers many fail safes and protections that are notable and necessary. I would suggest that limiting an individuals ability to invest in a legitimate security is perhaps an over extension.