Oct. 30, 2022
Vanessa Countryman, Secretary Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-0609 Re: Reporting of Securities Loans & Swap Positions [File No. S7-32-10] Dear Secretary Countryman: I am writing in strong support of "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" [File No. S7-32-10]. The proposal's title itself suggests that this would be the morally responsible position, as any "undue influence" over objective market data could lead to all kinds of financial crimes against humanity. Fraud, manipulation, or deception in attempting to steal people's hard-earned savings should be safeguarded by the government with the utmost vigilance. Why? Because otherwise there would be no need for said government. People pour their entire lives into upholding "the System". The least "the System" could do is protect them in their old age, rather than allow sociopaths to steal their pensions. Swaps, by the very fact that so many of them are used to conceal naked short sold positions and other liabilities, are part of a dangerous tumor overtaking the entire global financial matrix. Negotiating with economic terrorists would only enable them; appeasement always serves the oppressor. In this case, it's killing the working class -- the backbone of humankind -- which means the governments who are supposed to serve them can't be far behind. Act judiciously, before hyperinflation swallows everything. The longer you let "the elites" drag this out, the more violence will engulf the world. Current market practices mocking fiduciary duty cannot be allowed to continue. Bare open their books, aggressively, and hold everyone accountable, before the world is forced to switch over to the Yuan. If the SEC is to make a difference at all, it is running out of time. Otherwise, what purpose does it even serve, if not to regulate what needs regulation? Sincerely, An Activist Investor