Subject: File No. S7-03-22
From: Kyle

February 10, 2022

Reporting requirements for funds should be mandatory. The length of time for them to do so should be much sooner as well. We all benifit from a transparent market and I believe this will be a great way to empower investors and dissuade bad actors and firms from hiding pertinent information, or potentially shorten the time in which this could occur. There are those who are \"to big to fail\" and as such should have the most stringent/thorough policy adherment and inforcement set upon them.