Oct. 29, 2022
October 29, 2022 Thank you for the opportunity to comment on these matters. My main issue regards the reporting of large swap positions (exceeding $150M). Positions of this kind and other swap data should be publically disclosed daily in an effort to be transparent and allow traders to more effectively asses/manage risk. We have already seen the effects of unregulated credit default swaps (2008), so transparency in large swap positions generally may uncover further threats to financial and national stability BEFORE things get out of hand. Public disclosure on swap data is necessary, and preventing evasion on such reporting rules is an excellent idea. Too big to fail is too big to exist.