Oct. 29, 2022
October 29, 2022 Dear Secretary Countryman or to whom it may concern, I am a US citizen and a retail investor. I am writing to you today about 34-94315 or \"Reopening of Comment Period for Reporting of Securities Loans\" or S7-18-21. It is ridiculous that this reporting is not already in place. How is the SEC supposed to regulate what they can't see? As such in order to better be able to regulate it is vital that securities loans be reported. Not only that securities loans allow other parties, that is retail investor, to have a better eye on what is happening in the market. A transparent market is fair. That's not all What is a fundamental part of this reporting? Failure to Deliver (FTD). Securities Loans can occur to close out FTDs. But these loans can have no time listed for repayment. How is it valid for a Loan to have an indefinite pay back time? I would also like to voice my support for the comment by Stephen W. Hall, Legal Director and Securities Specialist, Better Markets, Inc. and Jason Grimes, Senior Counsel, Better Markets, Inc. on Jan. 7, 2022. As well as the comment by Dr. Susanne Trimbath, STP Advisory Services on Dec. 3, 2021. Sincerely, Anonymous,BS in CS