Subject: S7-08-22: WebForm Comments from Victor Arriaza
From: Victor Arriaza
Affiliation: Data Engineer

Oct. 29, 2022



October 29, 2022

 Dear SEC,

I want to voice my support for an increase in transparency for the financial markets. If anything, this is not strict enough but, I think it is in the right direction. I mean this data really should have been tracked years ago but the second best time is now. Publishing it would be a relatively simple task given the massive size of the companies involved and the $$$ they deal with. I should know, as I've said in past comments, this is what I do for a living (Data Engineer). The companies involved will complain but transparency, and by extension, accountability should be the price of admission to operate in our market. I cannot stress that enough

I mean, the whole concept of investing is based on risk management. Shouldn't more data help improve risk assessments which benefits risk management?

Companies/bad actors cannot be held accountable if we literally cannot see what they are doing.

More transparency only benefits the public/retail and only harms scammers. That is a win-win to me. Again, transparency, and by extension, accountability should be the price of admission to operate in our market.

If the data is public you will have hobbyists and professionals alike happily combing through the data FOR YOU They could help find fraud and fight crime at no cost to the SEC.

The \"free market\" isn't free,
if the public cannot see.

Thank you for reading this.