Oct. 29, 2022
October 29, 2022 Dear SEC, I would like to express my support for the above rule (Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps Prohibition against Undue Influence over Chief Compliance Officers Position Reporting of Large Security-Based Swap Positions). That such a rule needs to be proposed and voted on is a testament to the current absurdities allowed to happen in our markets under current regulations. Fraud, deception, undue influence, and opaque reporting of derivatives swaps have no place in a free and fair market, and can only serve the interests of the already advantaged few. The SEC should be proactive in their efforts to ensure all fraud, coercion, and deception is punished using strict regulations and strong penalties for violators.