Subject: S7-18-21: WebForm Comments from Michael P
From: Michael P
Affiliation:

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.

It is imperative that investors have faith and trust in American markets around the globe. The system as it currently exists allows for significant delays in reporting and therefore room for speculation from investors that bad actors are behaving in ways unacceptable in free and fair markets.

I trust the SEC will name a decision to pass this law in support of all investors, not just the ones who pay you all to speak at conferences.

Sincerely,
Michael Purpura
A Concerned Investor and citizen of the United States