Jul. 19, 2023
Securities and Exchange Commission (SEC) 100 F Street, NE Washington, D.C. 20549 Subject: Support for Rule S7-32-10 - Position Reporting of Large Security-Based Swap Dear Commissioners, I am writing to express my strong support for Rule S7-32-10. This vital rule will safeguard investor interests, maintain market integrity, and foster a transparent and equitable financial ecosystem. I fully support your stance on security-based swaps and security loans, and I firmly stand behind transparent markets and the interests of household investors. The proposed reforms aim to level the playing field, minimize the potential for market manipulation, and ensure greater accountability for financial institutions. By advocating for stricter reporting requirements and actively implementing these changes, you have the opportunity to restore confidence in our financial system. This is not only vital for the well-being of individual investors but also for the overall stability and prosperity of our economy. We urge you to prioritize the best interests of household investors over the concerns of a select few. Embrace this opportunity to demonstrate your commitment to a fair and transparent financial system that safeguards the livelihoods and investments of everyday Americans. Promoting free and fair markets fosters competition and economic growth. By embracing this rule, the SEC can ensure market participants operate on a level playing field, empowering investors to make informed decisions. I urge the SEC to adopt Rule S7-32-10, emphasizing transparency, accountability, and market integrity. Your support will bolster our financial system's credibility and protect the interests of all investors. Thank you for your attention to this crucial matter.