Aug. 11, 2023
I fully support Rule S7-32-10 that requires public disclosure of security-based swap positions. As a household investor, more transparent data will lead to more informed investments. It is unfortunate, but not unexpected, that 13 members of congress believe "the proposals could compromise these objectives by releasing sensitive and potentially misleading information to the public". Why would the information be misleading? Institutions should be severely punished for disclosing data that is not accurate. The public, in general, is not as ignorant as many politicians and bankers believe and can sort through misleading information - we do it all the time with politicians. I hope to see Rule S7-32-10 implemented and enforced this year. Sincerely, Daniel Clark Household Investor