Subject: S7-32-10: WebForm Comments from Anonymous
From: Anonymous
Affiliation:

Oct. 31, 2022


 October 31, 2022

 To whom it may concern:

I am submitting this to express my strong support for this proposed rule that will provide more transparency and fairness within the markets. Analyzing data in recent years, corporate financial institutions have advanced their reliance on large swap positions to conceal risky positions that can be on their ledger.

This opaque tactic furthers the agenda to manipulate the market and makes the playing field more uneven for investors such as retail. I urge you to keep the definition of security based swaps as is in the proposal rule to enable the information to be available to the general public so they can gain insight on this unacceptable practice by large financial entities.