February 6, 2022
It is absolutely imperative that transparency is increased in the market. Swap positions inherently affect the market valuation of securities and this position should be visible for investors to understand how a hedge fund is materially shorting a securities my via swaps. Last week Gary Gensler revealed that dark pool activity represent 90-95% of trades. I found this to be absolutely repugnant. Many Americans maintain their retirement accounts in these markets, which have become controlled casinos for market makers, banks and other hedge funds. The SEC really needs to step up and ensure fair markets for Americans.