Oct. 29, 2022
I support transparency and the PUBLIC disclosure of this data. Excessively large swaps are a threat to financial and national stability. This should be applied internationally so funds and firms cannot use borders to evade the rules of the market. This data should be reported DAILY and PUBLICLY. The Commission should absolutely utilize its authority under Section 10B(d) of the Exchange Act to publicly release data. Fraud is widespread, and the resources of the SEC are limited. By allowing the People to see potentially dangerous swap activity, they will be better able to assess the investments they make and observe the dynamics of the market. A more level playing field is absolutely in the public interest, and the damage that can be done via swap activity (e.g., Archegos) necessitates that investors be equipped to defend themselves and the markets they use. Thank you for your consideration.