Oct. 29, 2022
October 29, 2022 Swaps need to be reported and monitored with the data made available to retail investors. Retail is already at a huge disadvantage given the inherent conflicts of interest - Citadel Securities (Market Maker) and Citadel Advisors (Hedge Fund) - just to highlight one example. Then you have the DTCC with a Board of Directors who also work for huge banks and market makers. Retail gets fleeced while the SEC mocks meme stocks and only punishes small fish and celebrities since SEC is so scared of big money suing. There is no transparency in this fraudulent, self-regulated market with dark pools (ATS) and internalization. There is no price discovery with \"infinite liquidity\" provided from market makers like Citadel and Virtu breaking the principle of supply and demand. Retail orders still do not affect lit exchanges. PFOF was made by Madoff yet nothing is done. The derivatives market is already too large and opaque. Make swap data public. Hopefully you don't also LOSE or DELETE this comment