Oct. 30, 2022
October 30, 2022 I am a retail investor and very concerned about the state of our financial markets. A transparent system with public disclosure of large swaps data, as proposed under rule S7-32-10, is critical for fair and just functioning of our financial markets, national stability, and protection of all involved parties. Some of the recent high profile incidents in the news clearly make a case for this. This rule should be implemented without any loopholes and should be applicable to all national and international participants with the definition of security-based swaps being appropriately wide to minimize evasion. I appreciate the effort put in by SEC in proposing this rule and look forward to a speedy implementation.