Subject: RE: File No. S7-06-22; Modernization of Beneficial Ownership Reporting
From: Samuel Progin
Affiliation:

Jun. 26, 2023

Dear Madam, Dear Sir,

I value the SEC effort to render the stock market more transparent by
requiring short position to be reported duly. However, having
derivatives entitled to beneficial ownership privileges is to me
exposing the markets to a flurry of abuses. Only a stock that you truly
(ie.: not leased) own entitles you these privileges.

Thank you.

--
Samuel Progin
Le Timonet d'en Haut 1
1033 Cheseaux-sur-Lausanne
Switzerland
+41(0)792108132