Subject: Comment on SEC Rule Proposal S7-06-22 - Modernization of Beneficial Ownership Reporting and Support for Ensuring Transparency and Fairness in the Market
From: Jonathan McConnell
Affiliation:

Jun. 26, 2023

Good morning, 


Protecting shareholder rights is paramount and should be focused on. Ensuring fair and equal voting, accurate calculation of ownership, increased transparency, timely reporting, enhanced oversight, deterrence against market manipulation, and establishment of a level playing field are vital for the integrity and fairness of our financial markets. Markets are no longer looked at the same across the board anymore. On a recent business trip to Japan, I engaged in many conversations re: the U.S market and all were met with a negative narrative. People no longer trust our markets which is no longer a secret. Proposals like this are steps in the right direction. 


That being said; I do hope you carefully consider the importance of transparency, fairness, and the preservation of shareholder rights in our financial system. 


Kind Regards,