Oct. 29, 2022
October 29, 2022 I am an individual investor writing to express my support for this proposal. Security based swaps can have a tremendous and outsized effect on the individual securities these swaps utilize. Without proper access to data showing the details of large swaps (as is now the case), investors in those securities are at a large disadvantage. The proposed rule would help bring more transparency to our markets, which in turn makes it more fair for everyone. Furthermore, I applaud your aim in holding individuals accountable, by prohibiting any officer, director, supervised person or employee of an SBS Entity, or any person acting under such persons direction, to take any action to coerce, manipulate, mislead, or fraudulently influence the SBS Entitys CCO in the performance of their duties under the Federal securities laws. This not only helps to curtail the risk of moral hazard (holding individuals responsible will make them think twice before jumping into a deal), but also sends a clear message that the SEC is willing and able to actually hold individuals accountable. Thank you.