Oct. 31, 2022
October 31, 2022 November 1, 2022 As an individual investor I welcome the opportunity to comment on this Proposed Rule. It is very unfortunate, and to be honest, quite unacceptable from a regulatory organization, that previous comments on this Proposed Rule have vanished due to technical problems. One would expect SSAE-18 or similar controls to be in place in your organization as required for your participants. Such a failure in ensuring basic integrity and availability of submitted data is a humiliating failure of your Information Security Officer. I fully support the SEC's efforts in this Proposed Rule S7-32-10 including all aspects of: a) Prohibiting fraud, manipulation, and deception in connection with security-based swaps, b) Preventing undue influence over Chief Compliance Officers, and c) Position reporting of Large Security Based Swap Positions. It is crucial the SEC not only investigates attempts to violate or actual violations, but also sets deterrent penalties for violators of the proposed rule in order to maintain the integrity of the market. It is time for a transparent and fair market.