Apr. 01, 2022
Gary Gensler, Chair SEC Headquarters 100 F Street, NE Washington, DC 20549 (202) 551-2100 chairmanoffice@sec.gov Vanessa A. Countryman Secretary, Securities and Exchange Commission 100 F Street NE Washington, DC 20549-1090 rule-comments@sec.gov, help@sec.gov Re: Share Repurchase Disclosure Modernization (File No: S7-21-21) Dear Chairman and Secretary: AFREF led a letter with thirteen organizational signatories commenting in support of a rule proposed by the Securities and Exchange Commission that would significantly increase the transparency of stock buybacks. A central component of the proposed rule is daily disclosures of stock buybacks. (Current disclosure requirements are only quarterly.) In the comment letter, they commend the SEC on the proposed rule and make recommendations to further strengthen protections against market manipulation and insider trading that would improve long-term financial stability and growth. Full letter: https://ourfinancialsecurity.org/wp-content/uploads/2022/04/4.1.22-corporate-gorvernance-Stock-buybacks-comment-letter-1-1.pdf Take the time to review these recommendations and give them the weight they deserve. Yours sincerely. Robert E. Rutkowski cc: Legislative Correspondence Team 1705 Longworth House Office Building Washington DC 20515 Office: (202) 225-4131 Fax: (202) 225-4300 keith.abouchar@mail.house.gov 2527 Faxon Court Topeka, Kansas 66605-2086 P/F: 1 785 379-9671 E-mail: r_e_rutkowski@att.net