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Comment for Public Information Collection 87 FR 37839

  • From: Timothy Boom
    Organization(s):
    Retail Investor

    Comment No: 69572
    Date: 8/23/2022

    Comment Text:

    I believe transparency is one of the foundations of free markets. As a retail investor, I oppose any actions that are not in the spirit of transparency and institutional integrity. I oppose any actions that will not increase transparency and reporting standards.

    What I do support is stricter reporting standards that are required more often and more promptly. I support transparency and integrity in our markets. I believe there should be substancial financial penalties for those that fail to meet these standards. Substantial to the institution, not to the average individual.

    sub·stan·tial
    adjective
    1. of considerable importance, size, or worth.
    "a substantial amount of cash"

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