Subject: Re: Reporting of Securities Loans (Release No. 34-93613; File No. S7-18-21).
From: Paul Lyons
Affiliation:

Oct. 30, 2022

  



Hello, 


I'm a retail trader. I'm a working father who  invests in the stock market to help my family's future. 


I'm strongly in favor of this rule being passed. The public needs access to this data to make better trading decisions. We need high quality information so that we can't be taken advantage of by hedge funds and investment banks.  


I'm glad to see Transaction by transaction reporting in this rule. This will help keep bad players from trying hide in the aggregate. 


As well, the 15 minute reporting rule is a sorely needed change. High frequency trading requires high frequency reporting. Any costs associated with implementation are the cost of doing business. 


Please pass this ruling. Do the thing for the public.  


Thanks for the your time,  
Paul Lyons