Subject: File Number S7-32-10 rule proposal
From: Dan Murphy
Affiliation:

Feb. 06, 2022

 



Feb. 4, 2022
Dear SEC, 


I am sending this email to comment on the recent File Number S7-32-10 rule proposal. Thank you for taking the time to review the harmful and destructive practices running rampant in today's stock market. Today’s market reminds me of the risks being taken leading up to the 2008 financial market crash, and I am concerned that swaps are once-again being abused and are being over leveraged.  


I am specifically concerned with Student Loan Asset Backed Securities (SLABs) as well as credit swaps and feel short interest reporting. I believe that swaps, ETF’s other financial securities are used to mask fraud and rehypothecate stock shares and certificates. 


Please suspend Dark Pool Trading, require same-day transactions, do not allow Market Makers to FTD shares when they become due and do not allow Student Loans to become an "asset class" used as a vehicle of manipulation for the wealthy Wall Street Bankers. 


Sincerely, 

Dan Murphy Pasadena, California