February 6, 2022
As a retail investor, from what I understand of the proposal, these are all great rule changes to improve the integrity of our markets. Specifically,
Rule 9j-1 seems like a common sense anti-manipulation provision that should have already existed to prevent bad actors. It should of course be illegal to manipulate the price of swaps and other instruments mentioned in the proposal.
Proposed Rule 15Fh-4(c) is good to make explicit that harassing the CCO is not not allowed.
Proposed Rule 10B-1 is a great step to improving the efficiency of our markets. As the Archegos saga showed, the lack of transparency in our markets can lead to market participants not properly pricing outsized risk in the counterparty's position. More transparency and information equality in the markets will lead to properly pricing risk against outsized large positions by trading institutions, and increase robustness and reduce fragility on our markets.