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

Oct. 29, 2022

 


October 29th, 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”.

The world of securities lending is a murky and opaque business that many retail investors have no visibility of. More transparency is NEVER A BAD THING! The data available for retail investors is conflicting and inaccurate at best. 


Giving us visibility into securities lending would also help us help you - we could keep an eye out for potential shady activities in the lending sector (provided it's reported accurately in the first place). 

Sincerely,

A Concerned Investor