Subject: Prohibition Against Fraud, Manipulation, and Deception in Connection with Security-Based Swaps. [Release No. 34-63236; File No. S7-32 -10
From: Camron Hartley
Affiliation:

Aug. 20, 2023

This letter is in support of the proposed rule amendments regarding
transparency and reporting of security-based swaps outlined in S7-32-10.
Bringing new tools and requirements for the reporting of swaps is
inherently in the best interest of market participants. A clearer
picture of these complex financial instruments allows for greater parity
among buyers and sellers when attempting to make financial decisions
about securities that are contained within these contracts.

Additionally these rules should provide better tools for the SEC to have
greater insight into the overall stability and fairness within our
markets. Archegos provides a rather stark example of the moral hazard
that can occur when proper reporting and regulation are not present for
swaps contracts. Given the shear scale of damage that these financial
instruments can cause in the event of a failure should be reason enough
for bringing about the required changes to mitigate the risks inherent
with their existence.

Please vote in the affirmative for adopting the provisions in S7-32-10