Subject: File No. S7-32-10
From: Inés Martín García

I am writing to express my support for the SEC Proposal S7-32-10, as it brings more transparency to the financial market. I believe transparency is paramount in establishing functional and healthy financial markets, as it ensures trust, accountability, and overall stability of the financial system. Transparency gives confidence to investors, as it provides them with a clearer understanding of the field, allowing them to make more informed decisions and assess better the risk of their investments. Transparency reduces the information asymmetry that tends to benefit large investors and acts as a deterrent against corruption, holding market participants accountable for their actions. In addition, it benefits the global market, preventing market crisis by providing early warning signals and providing efficiency, as it allows a more accurate pricing of assets and lower transaction costs. Another positive aspect is that it promotes global integration, as it helps build trust across borders. For all the reasons stated in support of a transparent financial market, I believe this Proposal should be approved.