Subject: File No. S7-08-20
From: Edwin S Sanchez
Affiliation: City of LA, Sustainability Coordinator

July 16, 2020

Transparency maintains the integrity of our financial systems. Weakening these rules will increase corrupt actions taken.

During this time of extreme duress, what our nation needs is trust in our government. A lack of oversight in a sector already very much distrusted by the general public, will lead to a turmoil.

Fraud rates are already going up. Its starting to feel like 2008 again.