Feb. 04, 2022
As a retail investor, I support the proposed rule change in S7-32-10. I firmly believe the proposed rule changes in S7-32-10 will aid transparency in the market and rekindle the remaining trust we have in our regulators; the ones whom have sworn to act in a fair and orderly manner. It has become evidently clear, that retail investors maintain a disadvantage pertaining to access to information, comparatively to; officers, directors, supervised persons or employees of a swap dealer. Consequently, this has lead to the demand of fair and orderly markets by retail investors and the uproar we have seen in social media. There should not be any question of doubt, that this proposed rule change is progress. The individuals mentioned above, should be held to the highest degree of integrity simply due to the sea of information they swim in. There shouldn’t be sharks swimming around a school of fish. We are all trying to actively cohabitate, thus; their integrities should align with their fiduciary responsibilities to act in good faith and in the best interest for everyone participating in security-based swaps. This is an opportunity for redemption and restoring my faith in this manipulative system. Please do the right thing. Thank you