Aug. 20, 2023
U.S. Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 205499–1090 Thank you for extending the opportunity to comment on S7-32-10 entitled "Prohibition Against Fraud, Manipulation, and Deception in Connection with Security-Based Swaps" as a household investor. I am in support of the proposed rules encapsulated in S7-32-10. First, Rule 9j-1: this rule will dispel the current obfuscation of security based swaps to avoid liability. There is a troubling lack of rules related to swap based obfuscation of data and it lends to incalculable risk taking opportunity; most prominently for institutional investors commanding billions of capitol. Second, Rule 15Fh-4(c): an opportunity to protect the CCO from any actions meant to deter independent and objective decision making. An example, mitigating SBS related risk. Third, Rule 10B-1: shining light on the largest SBS positions potentially containing idiosyncratic levels of risk that could put the entire market in grave danger. Thank you for your attention and consideration. Sam W.