Subject: S7-18-21: WebForm Comments from Daniel
From: Daniel
Affiliation:

Aug. 16, 2022



August 16, 2022

 To Whom this may concern,


I support transaction-by-transaction reporting because it eliminates the ability to \"hide within the aggregate\" transparency means transparency and aggregates are not transparent.

Further, the cost affiliated with 15 minute reporting requirement is justifiable to prevent fraud and prevent loopholes.

As a retail investor, I believe I will benefit from transparency. For example, I will have a much better idea of the risks of my decisions and transactions if I can see which companies are targeted. If funds are allowed to short in the dark, retail investors remain dangerously unaware of the risks they take on when purchasing securities.

Lastly, I believe a transparent market is a fair market for all investors - report transaction-by-transaction.