Dec. 28, 2022
December 28, 2022 Dear Ms Countryman, This comment is for S7-32-10 Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps. The bankruptcy proceedings against a certain crypto-asset exchange that has been operating on an offshore location require that the SEC look into closing of short positions as reported on January 27, 2021 by MarketWatch (Article title 'Hedge fund Melvin Capital closes out GameStop short: CNBC'). In order to prevent future fraudulent closing-out activities by certain hedge funds and certain investment advisers and/or market making organizations, public disclosure of how shorts have been closed out by market participants is required on a daily basis. These closing out statistics must be available to the investing public to increase transparency, market fairness and trust in U.S. securities markets. Making public the transactions and naked shorting activities involving securities-based swaps prevent fraudulent closing-out activity by referring to tokenized stock of U.S. securities on unregulated crypto asset exchanges. All trades by certain hedge funds must be looked into before it's too late. Sincerely, Jameson Fung