Subject: File No. S7-03-22
From: Amy Lewis
Affiliation: Vice President, Policy Communications, WILD Foundation

February 19, 2022

Transparency is crucial to the functioning of a free and fair market. Certain information asymmetries not only create uncompetitive situations, but jeopardize the long term stability of the US economy. By bringing greater transparency to the relationship between investment advisors and investors, the SEC is protecting not only the individual investor, but the wider economy. I urge the swift and immediate implementation of this proposal.