Oct. 31, 2022
October 31, 2022 October 31, 2022 Thank you for reopening the comment period on this Proposed Rule. I, as an individual investor, welcome the opportunity to comment on this Proposed Rule. It's unfortunate that certain financial industry participants heavily opposed this proposed rule after the 2008 financial crisis revealed an inadequate regulatory framework for a significant part of our financial markets. Better late than never, as they saying goes. Especially considering current market and regulatory conditions, I fully support the SEC's efforts in this Proposed Rule including the 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. As this particular proposed rule arises from the aftermath of the 2008 financial crisis where fraud, manipulation and swaps resulted in systemic risk to the financial system, it appears the self-interested financial participants opposing this Proposed Rule may generate significant profit from maintaining their ability to commit fraud and manipulate the markets. As taxpayers ultimately bailed out the financial institutions in 2008, systemic risk has been and continues to be unduly shifted away from the perpetrator onto the innocent, hard working families of this Country. Therefore, as a key part of the SEC's mission is \"to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation\