Oct. 30, 2022
October 30, 2022 I support the public disclosure of swap data. Huge, undisclosed swaps are a threat to financial stability (i.e. Archegos), and they level the playing field for investors. I think, if possible, these rules should extend internationally so that firms cannot evade regulation, and I think that the threshold should be lowered to 100 million, making it more difficult to avoid regulation by spreading out one's position across multiple complicit actors. Fraud is widespread, and the SEC's resources are limited. I fully support the immediate and rigorous enforcement of this rule, as it will allow the public to monitor potentially dangerous swap activity and make more informed decisions.