February 19, 2022
File No. S7-32-10: In favor of re-proposed rule 9j-1, proposed rule 15Fh-4(c), and proposed rule 10B-1.
Security-based swaps played a large role in the '08 financial crisis. With the current derivatives market conservatively estimated in the trillions there seems to be an abusable element within said market coupled with a lack of both oversight and transparency. These proposals are steps in the right direction towards retail's benefit and I hope to see more like them in the future.