Oct. 31, 2022
October 31, 2022 I would like full transparency in the reporting of all swaps. Swaps seem to be a way for market makers to hide things or kick the can of obligations, creating liquidity issues in the long run. All in all, more reporting and public knowledge allows our group consciousness to catch bad acts faster rather than slower, therefore, more reporting is always better than less. Swaps in particular. Short hedge funds enter swaps to get short exposure without directly shorting it. These rules must change. Creating such large baskets of swaps negates the very nature of true supply and demand, which is core to the very nature of the USA being a financial leader in the world. Please change swap reporting rules.