February 7, 2022
I am a retail investor and agree to the approval and passage of these new rules. Being honest, reading a 100+page document with complicated legal jargon can be frustrating, but from just the title of \"preventing fraud, manipulation, or deception\" i get the idea that existing rules aren't being enforced. The SEC needs to take their jobs as regulators more seriously. For years, billion dollar companies and individuals have used the stock and derivatives markets to enrich themselves at the expense of the lower and middle class. It is outrageous that they can get away with so much, and only occasionally pay a small fine for breaking laws. Companies and the people responsible for them, should be held responsible and pay 100% of all ill gotten gains, on top of fines and jail time. Without meaningful punishment, fraud and deceit in the stock market will continue indefinitely. The SEC needs to act with valor and justice to protect the American people, NOT big corporations and rich individuals. S7-32-10 passing will be a good step forward, and it NEEDS TO BE ENFORCED. Lying on a dmv application, mortgage, or in a court of law is a very serious crime, and punished severely. Financial crimes in the derivatives market impact millions of people, and should also carry significant consequences.