Oct. 30, 2022
October 30, 2022 S7-32-10 has my full support. Transparency and real-time reporting of large swap positions is essential for all market participants to make informed investment decisions. The derivatives market is willfully designed to be complex beyond comprehension, and Wall Street wants more than anything to maintain that status quo. Any and all efforts to shine light on the dark and purposely complicated plumbing of our financial market is a welcome sight in my eyes. The SEC is tasked with insuring a free and fair market for all participants,from the lowly retail employee putting 3% of their hard-earned income into their 401k, to billionaires with more money than some countries. Same game, same rules, same risks, same opportunities, at all levels of society. Thank you for your time.