Subject: File No. S7-32-10
From: Keaton Adams

February 7, 2022

As a retail investor, I am already at a major information and speed disadvantage compared to hedge funds and other institutions. Allowing them to even further manipulate the stock market in their favor using swaps, derivatives, and other methods is completely uncalled for and not necessary whatsoever. The stock market should be a level playing field for EVERYONE, no matter how much money you have or how you are investing (individual retail, hedge fund, bank, other institutions, etc). We need much more transparency in the stock market in order to level the playing field for all investors. Any rules that help get us in that direction should be implemented immediately and enforced and upheld to the fullest extent of the law.