Oct. 31, 2022
October 31, 2022 This kind of rule proposal (and approval) is what I'm here for. It is long past time for swap positions to be reported daily, and for the public to see. I believe the severe lack of transparency we currently have with swaps is detrimental to our markets as they can be used to hide toxic/over-leveraged positions. That being said, this rule has incredible public support. I expect the SEC will do right by the American public at large and approve it. We need to improve and protect our economy. Furthermore, this rule needs to be air-tight for it to be effective. It needs to be international. I would like to see this approved ASAP.