Nov. 01, 2022
November 1, 2022 To whom this may concern, S7-32-10: Thank you for the opportunity to comment, I strongly support Proposal S7-32-10, and any/all requirements for disclosure of all swap positions. There is an urgent need for transparency to be enforced immediately within the creation of swaps or better yet, a complete ban on the fraudulent laden practice of security-based swaps altogether. It is now common knowledge among the retail investment community you seek to protect that security-based swaps are an inherently deceptive tool primarily used by the CFTC, in collusion with other nefarious institutions, to criminally manipulate markets and defraud actual shareholders of their explicit property rights through majority control of undisclosed assets. A practice that has created an unsustainable system risk within the industry designed to singularly devastate working families who depend on the SEC to protect them from parasitic greed. As such, no law, regulation or policy is too excessive, be it for reporting of positions, influencing parties or officials, or the netting of such positions within firms. I hope you immediately implement this rule soon and equally hope to see more rules like this in future. Thank you for your time in reading.