Oct. 29, 2022
October 29, 2022 I support S7-32-10 fully. As a retail investor I feel that this proposed rule will benefit not just myself, but the markets as well. Swaps being opaque led to the 2008 financial crisis, where the taxpayer footed the bill for financial institutions poorly orchestrated maneuvers. To prevent this occurring again all swaps need to be reported fraud, deception, and manipulation needs to be prevented and failing to report or misleading data or persons needs to result in a fine well above the value derived from the transaction. Please enact this rule to fulfill the SEC stated mission \"to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation\"