Feb. 18, 2022
Hello, As a retail investor that has witnessed the scale of fraud and manipulation in our markets by institutions that almost always go unpunished, or that lead to fines so minimal they become "the cost of doing business", I welcome these proposed rules. I also want to thank the commissioners, excluding Hester M. Peirce, for their continual efforts in addressing these important issues that get in the way of efficient and transparent markets that work for all. There are countless methods by which institutions can manipulate securities discreetly, and sometimes blatantly, and it has become apparent to some new wave of retail investors that security-based swaps can help facilitate this behaviour. Please keep shaping our markets up, and proposing new rules that combat the issues plaguing it. Addressing these intricate issues, that we face on a daily basis, is integral for continued trust to be placed in the markets. Especially for the younger generation of investors who don't take advice from Jim Cramer, professional clown. Despite Hester M. Peirce's apparent displeasure with the SEC turning into a seemingly efficient regulator, all of us thank you for your hard work. I would also like to strongly urge the SEC to reach out and listen to Dr Susanne Trimbath, who has a Ph.D. in Economics and formerly worked for the DTC as an Operations Manager. She has made detailed suggestions on ways to improve proposed rules and further strengthen the markets overall. Thank you for your time. Good luck.