Subject: S7-18-21: WebForm Comments from Richard Kershaw
From: Richard Kershaw
Affiliation: Principal Engineer

Oct. 29, 2022



October 29, 2022

 October 29, 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.

In a fair market, data must be made public. An insider in a company cannot trade on inside information. A massive company that holds a position of tremendous power, that is able to use massive amounts of money to manipulate stocks without disclosing their trades and swaps is akin to insider trading. How could retail possibly compete fairly?


Sincerely,
Richard Kershaw
A Concerned Investor