Oct. 08, 2022
October 8, 2022 October 8th, 2022 Vanessa Countryman, Secretary Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-0609 Re: Reporting of Securities Loans (File No. S7-18-21) Dear Secretary Countryman: I am writing in strong support of rule 10c-1, Reporting of Securities Loans. For far too long industry professionals and organizations such as hedge funds and others have been allowed to operate in the dark, leaving the public to simply trust that they and their self regulatory counterparts uphold the laws and regulations set forth upon their profession. Yet, time and time, and time again, we see them break rules and laws in the pursuit of profit with disregard for what is fair and right.The only recourse at present seemingly, to be fined a VERY SMALL percentage of what they have made by defrauding the public. Clearly and mathematically a cost of doing business. This has to stop and transparency must be paramount, if our current financial system is to endure. Adversely to that, the faith in our markets is at an unprecedented low in the eyes of the public, myself included. Which is why this proposed rule is so important. Bringing transparency back into the markets is key in having any chance at regaining the public trust, and the need for that is growing dire . Sincerely, A Concerned Investor