Aug. 14, 2023
Hello, I would like to show my support for S7-32-10. As a household investor, I think it is of the utmost importance to have clear and concise reporting for large (and small) security-based swaps. Any position that holds a monetary value, positive or negative, should be reported separately to indicate both the long and the short position as to avoid any loopholes with hiding high-risk assets through zero-balanced positions through subsidiaries, shell or shelf companies as global financial system participants are doing these days through so-called \offshore safe haven\ countries with questionable reporting and fraud/securities laws. Any change in position size, positive or negative, should be reported automatically by the end of business day. Not by end of month or year or hidden ways for XX number of days. REporting each business day is totally feasible and most beneficial to the overall transparency of the market. We live in the computer age and it is time for EDGAR filings to be done by end-of-business day. With everything being automated these days (including high-frequency trading) this does not seem like an absurd requirement. Anyone who says differently is probably just trying to cloud the process/ hide data from the public, regulators, and household investors. Additionally, I would like to ask for a request: Please pass this and enact it in a timely manner. Not looking to see this go into effect in 10 years after 20 more review processes. The time for action is now. Thank you for reading.