Oct. 30, 2022
October 30, 2022 This rule needs to be passed immediately. Swaps have already proven to be a potentially dangerous tool for entities, both domestically and internationally, with no regard for risk (eg. Arechegos). This can obviously be used for intentionally nefarious actions. We have the right to know who is potentially putting our markets at risk. Transparency in all markets is always needed and that information should be made easily accessible to the public. Also, the threshold should be lowered to $100 million/$200 million gross with daily updates made to the public. All loopholes used to avoid securities reporting should be closed ASAP. This rule should be passed ASAP. Good luck to those trying to protect the markets and small investors