Oct. 30, 2022
October 30, 2022 Swaps are underreported, the system as is gives too much wiggle room for institutions and big players to naked short securities without having to report them because swaps give them exposure of the derivative without having to own it. Swaps should be disclosed for the PUBLIC and the requirements for disclosure should be TIGHT, 50 million gross and up. If creating a swap is possible then the minimum requirement should be to frequently report it. Frequently reporting swaps should be the law, it needs to be daily. Retail needs more transparency out of the market, the rules are too lenient for action against retail's interest. A lot of people are easily losing money/buying power because of this. Respectfully Worried investor.