Aug. 21, 2023
It is a sad day when rules have to be proposed with titles that include text such as "Prohibition Against Fraud, Manipulation, or Deception in Connection with Security-Based Swaps" and "Prohibition against Undue Influence over Chief Compliance Officers" I am in full support of this rule. I fully support any rule which prohibits fraud, manipulation or deception in connection with swaps. I am fully in support of any rule which prohibits any level of influence over compliance officers. I am fully in support of any rule which improves transparency with securities based swaps (of any size). I will emphasize that swaps, and lack of transparency on swaps, pose a grave danger for the integrity of the securities markets. Anything that can be done to improve the regulatory framework in relation to swaps will be beneficial to the stability and long term health of the securities markets. This rule should be passed without interference from Wall Street and enforced harshly without concern for the plight of the rule breakers.