February 20, 2022
Good Afternoon,
These proposals are a step in the right direction for re-instating confidence for retail investors. Any attempts at improving transparency are a welcome change to the current investing climate.
Take for example, the CTFC's decision to relieve reporting of Swap positions until October 2023. This appears deliberately orchestrated to reduce transparency, and suggests another agenda.
Considering the role that Swaps played in the Global Financial Crisis, the malicious congruent relationships between SHF and Prime Brokers, and the prevalent opportunities for fraud, manipulation and deception I wholeheartedly support the above proposals, but urge the SEC to take a further look into these relationships.
Sincerely yours,