Subject: S7-32-10
From: Austin
Affiliation:

Aug. 22, 2023

Market makers are NOT providing liquidity for shareholders best interest or for the average retail investor. Reporting of swaps is essential for a more transparent market to rein in the rampant fraud being committed currently from brokers and current market makers. 

I support all proposals that fight failures to deliver and naked shorting. These two things pose a catastrophic risk to the average Americans trust in our markets. I also urge you to disregard comments from market makers and brokers. These entities have proven they do not have the market or retail's best interests in mind. In fact, these entities are actively trying to sway your rules in ways that benefit them at the expense of market integrity.