Subject: S7-32-10: WebForm Comments from Shane R
From: Shane R
Affiliation:

Oct. 31, 2022

 October 31, 2022

 As a retail investor, I support transparency and the public disclosure on reporting of large security-based swap positions. Excessively large swaps are a threat to financial and national stability. I request that the threshold be lowered to $100 million / $200 million gross. I also support for applying these principals internationally. I would also like to suggest looking at the swaps portfolio in it's entirety, not just parts. I agree with the definition of security-based swaps, it must be appropriately wide to minimize evasion. I agree with daily reporting of this data and praise the Commission's public release of the data. In closing, please finalize this rule as soon as possible. It's imperative to our financial and national well being and I would like to see more rules imposed like this in the future.