February 6, 2022
Hello,
I am writing regarding S7-32-10
Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps Prohibition against Undue Influence over Chief Compliance Officers Position Reporting of Large Security-Based Swap Positions.
I believe this is a great step forward in creating a more fair and free market. Retail investors such as myself have been continually taken advantage of and this rule will help level the playing field.
It is my hope that the SEC does not stop here and continues to close loopholes that have allowed fraud and manipulation to run rampant in the market. I also hope that the punishments for breaking these rules are more robust so the violators will not simply just ignore and view them as a \"cost of doing business\".
Thanks you,
Shane Watner - a little guy