Oct. 31, 2022
October 31, 2022 I support real transparency and public disclosure of this data I am very concerned about excessively large swaps that are a threat to financial and national stability evidenced by the Archegos saga. I think there are many more hidden from us. I want to see the threshold be lowered to 100 million gross. This rule should be firmly against evasion such as multiple actors colluding to build a large position by acquiring small positions from multiple places. I want to see this rule applied internationally. You should not be able to evade this with borders. I agree with the current definition of security based swaps. It should be widened to minimize evasion. I agree with daily reporting and I am happy to see the commission is releasing this data publicly. This further reassures checks and balances is properly honored. I hope the SEC finalizes this rule as soon as possible and I hope to see more like this in the future