Nov. 01, 2022
November 1, 2022 Large security-based swap positions absolutely require transparency. These affect large-scale trades and positions which otherwise may cause instability in our financial markets. The definition of security-based swaps should be broad and inclusive in order to minimize loopholes that could be exploited by bad actors in our markets. Daily reporting is necessary. The information being public is necessary. It should also be easily accessible to both institutional investors and retail investors. The threshold should also be lowered to a maximum of 100 Million US Dollars gross. Thank you for this proposal, and I hope to see more proposals like it in the future.