Oct. 31, 2022
October 31, 2022 October 31st, 2022 Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-0609 Re: Reporting of 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 S7-32-10) Dear Secretary Countryman: I support transparency and public disclosure of swaps related data. This will level the playing field among institutions and independent investors, who are intrigued in learning more about the inner working of a, so called fair market. A publicly disclosure of swaps related data will separate bad actors from the good ones, who sometimes get to hold their overleveraged bets, and get caught on the unwinding of swaps. A way to prevent this will be to lower the threshold. Publicly reporting of swaps in a real time immutable platform (T+0) will be best, as excessive risk can only be formed by looking at their total swap position, and not just parts of the portfolio, thus avoiding any threats to economic and national stability. Lastly, any changes pertaining to markets should extend internationally too, so there will be no circumnavigation of any proposed rule changing. Thank you, A concerned individual investor