Oct. 30, 2022
October 30, 2022 To be perfectly clear, I am in FAVOR of this proposed rule. The historical opaqueness of reporting security based swaps has created significant opportunities for Fraud and Market Manipulation and must be controlled to restore faith in the US market. Failing to do so will undermine what remaining stature the US has a the premier market. One does not have to look very far at all to see where market makers, hedge funds, family offices, etc. have used their positions and infiltration with governing bodies to manipulate markets, resulting in fleecing of the small investors who need protection, and a level playing field.