Aug. 20, 2023
I believe there should be reporting on swaps regardless of size. All large positions should be reported. I believe also that if a stock is sold short, the short seller should not have voting rights as they may inhibit a company’s ability to perform their fiduciary duties. If a swap is found to be fraudulent or manipulative, the swap should be closed out and the institution or manipulator should lose their license. A petty fine will not stop future fraudulent transactions. There needs to be transparency when dealing with securities, swaps, and any position above 5% of a companies issued shares regardless if it is long or short. Thank you for reading this. I hope to see some progress in the best interest of honest investors.