Subject: File No. S7-32-10
From: Joshua S
Affiliation: Product Manager and Solutions Architect

December 16, 2021

I am strongly in favor of implementation of S7-32-10.

As an active retail investor, I feel that the market playing field is not level. Organizations have found workarounds to transparent reporting using exotic financial derivatives that disguise the true risk and hide their interests.

I applaud the SECs initiatives in making something that is currently opaque visible and restoring faith in the market.