February 7, 2022
As a retail trader with the entirety of my retirement savings invested in the stock market via index funds, I am strongly in favor of the adoption of the rule above. Deception, manipulation and fraud which could impact or sway the greater market have direct negative impacts to millions of retail traders while benefitting only the largest trading firms.
In addition, greater transparency and reporting in the swaps market would increase the global confidence in the U.S. market and improve the robustness of oversight.