Oct. 31, 2022
October 31, 2022 The Fact that swaps do not require reporting until 2023 by the CFTC is extremely suspicious. Swaps involve shares of American companies, and should not require a separate entity to over see. This should be under the SEC's jurisdiction. Not only that, but Swaps should be reported daily, if not hourly. We have the technology. How can I, as an investor, make anything resembling a sound investment if I don't have all the information? Or do my \"Due Diligence\" If I can't see who's swaping what? Nevermind the fact that Swaps should be outlawed. If your margin can't handle a trade you want to make, you shouldn't be able to swap it on to someone else's book. I know the 2008 Financial Crisis had to do with MBS, but swaps just seems to invite another similar situation. Causing a cascade of margin calls and another meltdown of the markets.