Subject: Support for SEC proposal S7-32-10
From: Niels Huijbers
Affiliation:

Aug. 17, 2023

L.S. 


As an foreign investor from Europe (The Netherlands) I want to show my support for this proposal. I believe it will help to make the financial system more transparant and fair for ALL market participants. This reporting rule should be set without a threshold and at the end of any business day that a position was opened, modified or closed. The commision should take a zero stance against non-reporting of financial assets, both positive or negative, traditional or digital. 


The fines for violating these rules should also be increased to be at least ten fold the value of the not reported position, per violation and be on public record so that any participants will be able to do business in the United States with trust worthy intermediaries or partners to rebuild trust in the financial system. 



Kind regards, 


Niels Huijbers