Subject: Re: Notice of Proposed Rulemaking on the Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps; Prohibition Against Undue Influence over Chief Compliance Officers; Position Reporting of Large Security-Based Swap ...
From: Gavin Bannister
Affiliation:

Nov. 01, 2022

 





Vanessa Countryman, Secretary
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-0609

Re: Notice of Proposed Rulemaking on the Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps; Prohibition Against Undue Influence over Chief Compliance Officers; Position Reporting of Large Security-Based Swap Positions (File No. S7-32-10)


Dear Secretary Countryman:

I am writing in strong support of rule S7-32-10. 

Retail is heavily disadvantaged against big players and organised competition in the financial world. Massive change won't happen overnight but what we can do is take steps. A fundamental step we can take right now is increase transparency of data, concisely reported and public for all to see.


If the SEC has details interests in mind, I would suggest passing this rule.


Sincerely,

A Concerned Investor