Oct. 29, 2022
October 29, 2022 I strongly support this proposal and commend the SEC for submitting S7-18-21. Specifically, I support the proposed transaction-by-transaction reporting of all securities lending activity, every 15 minutes. There is a lack of regulation regarding securities lending that has created a system in which investors' investments are being used by borrowers to directly de-value the investors' investments without their knowledge. Further, investors trusting their investments to be managed by brokers are not being informed when their investments are loaned out or who they are being lent out to, and this is counter to a free, fair and transparent marketplace. I would also like to add that every loan should be required to have a due date. In conclusion, I support proposal S7-18-21 and would like to see it approved and implemented immediately. Thank you for your time and consideration.