Oct. 31, 2022
October 31, 2022 I am in strong support of data being used by major players of wall street being made public. There is evidence suggesting a large amount of fraud and collusion taking place among big firms, manipulating the stock market as a whole. Using swaps is one major tool they have at their disposal to commit these crimes. At the least this data should be available for any person looking to make an investment no matter how small while it should also be used to shine a light on corruption taking place that puts a threat on both the financial and national stability. I request that the threshold be lowered to $100 million / $200 million gross as well as looking internationally to reduce the ways bad actors can hide their activities. Not only this but firms should have their entire swap portfolio examined no matter if they are debt or equity based. This data should be reported daily, and the rule should be finalized as soon as possible. Until then major crimes will continue to go unseen by the pub lic and appropriately dealt with. Thank you for the opportunity to comment, Austin Lilly