Subject: Support for SEC proposal # S7-32-10
From: Soren Thisted
Affiliation:

Aug. 20, 2023

To whom it may concern (if anyone im about to ask) !!! 




I support the proposal for greater transparency on swaps, because transparency is crucial to the maintenance of a free and fair market for all participants including retail investors of larger or smaler budget. 


If the SEC accepts the argument that providing full transparency on any or all financial instruments is too costly, or takes too long, then that inaction - like what we have seen for years now in the open 
incentivizes the creation of more complex financial instruments. 


Swaps without reporting that is transparent, frequent, and enforced, foster an asymmetrical market that further benefits large participants over at the cost of normal family household investors. 


The SEC cannot responsibly allow this to continue, why i take time to write you once again, in the financial market to continue to exist under its mandate. 

Thank you for reading to this point 
Søren Thisted