Oct. 31, 2022
October 31, 2022 Dear Chair Gensler, In review of the content within proposal S7-32-10, I have found the intent of the rule to align quite squarely with my own opinion of where market transparency and enforcement should be headed. I am in support of this proposal The Commission has clearly given great thought and consideration to the data targeted to be reported bringing this data out into the sunlight affords counter-parties, as well as the informed investor, the opportunity to do the proper research necessary to manage risk. From a personal perspective, where retail investors do not have insight into any reported swap data, I am confident that if there were any nefarious actors brazen enough to take advantage of previous data reporting requirements, the final approval and strict enforcement of this proposal will put a stop to their manipulative tendencies. Additionally, particular kudos regarding the specificity of evasion and verbiage used to define SBS this Commission is taking a hard hit at fraud and manipulation of security-based swaps. Well Regards, C. Pinter