Jul. 19, 2023
Dear Sir/Madam, I believe that proposed rule S7-32-10 is an important step towards protecting investors and ensuring the integrity of the financial markets. I urge you to adopt this rule as soon as possible. Some of my concerns are the use of security-based swaps to circumvent existing securities laws, the lack of transparency in the security-based swap market, and the potential for systemic risk posed by security-based swaps. I believe that proposed rule S7-32-10 would help to address these concerns and make the financial markets safer for investors. Thank you, Jon Chong