Subject: File No. S7-32-10
From: Mark D. Lalich
Affiliation: RIA

February 7, 2022

The proposed expansion of already in-force laws and regulations is a breathe of fresh air.

Gross reporting is more transparent especially if non publicly traded swaps and other derivatives are being used to suppress price discovery of the free market.

This is a great step in the right direction. It seems our representatives are moving in the historically correct direction to protect individual investors and create greater transparency in our markets.