Aug. 21, 2023
I support this proposal. Greater transparency for the swaps market is necessary for a healthy and free market. The American people deserve financial regulation that is regularly enforced, is a significant deterrent and is aimed at quelling the rampant financial fraud and crime that is plaguing our nation. Any argument that claims this regulation will cost too much, take too long or cause significant strain on regulated parties fails to address the most important factor in maintaining a free market: the market must not be cheated. Without regulation to keep our markets free from financial terrorists, this great nation and even the global economy will be at risk. This regulation will not solve all our economies problems, but it is one step in the right direction. It is one promise to the American public, to serve as a benchmark for all future efforts the SEC will make in the name of prosperity. Make the right decision. Stand up for the people. Very respectfully, M. Peel Sent from my iPhone