Aug. 14, 2023
Hello, I am submitting a comment regarding File Number S7-32-10. I am extremely concerned with the current state of swap reporting and lack of enforcement of security-based swap reporting and compliance. It is my understanding that most, if not all swaps reporting comes in the form of SRO (self-regulating organizations), which has become a massive problem. The SEC needs to force market makers to follow this rule and disclose all positions! This is an extremely urgent matter and I believe that the health of the world financial system hangs in the balance. These vehicles are being used to hide and obfuscate data and money from everyday people, pensions, and 401k retirement accounts alike. Sincerely, Joshua Zimmerman.