Subject: File No. S7-32-10
From: Retail Investor
Affiliation: Chemistry Teacher

February 7, 2022

Frankly, it is appalling that these rules are not already in place. Whoever allowed SWAPs to be traded on insider info in the first place should be in prison, and there is ABSOLUTELY NO REASON trading SWAPs on insider info should have ever been acceptable. Shame on the SEC for not protecting all investors.