Aug. 20, 2023
SEC Administrative Officers, As a retail investor, I am voicing my support for any and all rules which increase transparency related to swaps. A more fair market for all investors should be the primary focus of any rule, whether new or existing. When certain entities are allowed to conduct market business without clarity and transparency, abusive practices can too easily occur. These abuses can only serve to adversely impact basic trust in the markets and undermine investor interest. And finally, inherent costs associated with creating transparency should not be accepted as a legitimate reason to dismiss any proposal. Particularly, frequent, transparent, and enforced reporting of swaps is a good endeavor, and one that should not be compromised... at any cost. Your sincere consideration is greatly appreciated. Roger Sanford