Subject: S7-32-10: Webform Comments from Peter Burt
From: Peter Burt
Affiliation:

Aug. 13, 2023

Dear Securities and Exchange Commission,

I fully support this proposal and believe it should be implemented as
quickly as possible. I find it shocking that billions of dollars of
stock positions can be hidden in various swap instruments out of the
public's eye. Anyone who opposes this rule the SEC has kindly put
forth is obviously acting against the public's best interest.
Transparency is a crucial component of fair markets.

It's a wide held public belief that financial institutions
purposefully obfuscate information relating to their financial
instruments, which is all good and well if you have dedicated legal
teams to break it all down for you, but the public deserves as much
clarity as possible.

Thank you