Aug. 13, 2023
Anytime we have allowed an industry to self-regulate it has blow up in our faces. The market runs best when it is well regulated and transparent. The proposed rule on Position Reporting of Large Security-Based Swap Positions and Short Position and Short Activity Reporting helps to ensure this transparency. Given that we have now have AI making artwork and writing poetry, I can think of no reason that reporting should not be instantaneous and automatic. All trading is done with computers and the only people against it are those with something to hide.