Jul. 19, 2023
Sure, here is a comment in support of rule S7-32-10: I am writing to express my support for rule S7-32-10, the Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps. I believe that this rule is essential to protecting investors and ensuring the integrity of the capital markets. Security-based swaps are a complex and opaque financial instrument, and they have been used to facilitate fraud and manipulation in the past. This rule would help to prevent such abuses by requiring that all large security-based swap positions be reported to the SEC. This reporting would provide investors with important information about the size and nature of these positions, and it would make it more difficult for market participants to engage in fraudulent or manipulative activity. I urge the SEC to adopt rule S7-32-10 as soon as possible. This rule is an important step towards protecting investors and ensuring the integrity of the capital markets. Specifically, I support the following provisions of the rule: The requirement that all large security-based swap positions be reported to the SEC. This reporting would provide investors with important information about the size and nature of these positions, and it would make it more difficult for market participants to engage in fraudulent or manipulative activity. The prohibition against fraud, manipulation, and deception in connection with security-based swaps. This prohibition would help to deter market participants from engaging in these harmful activities. The prohibition against undue influence over chief compliance officers. This prohibition would help to ensure that chief compliance officers are able to carry out their duties independently and without interference. I believe that these provisions would make a significant contribution to protecting investors and ensuring the integrity of the capital markets. I urge the SEC to adopt rule S7-32-10 as soon as possible. Thank you for your consideration. Sincerely, Anthony Z.