February 7, 2022
Mr Chairman, Members of the SEC,
Thank you for taking the time to address these important market opacity issues. Under reporting has become a chronic illness in the financial market, and it is vitally important for the health and stability of the markets that rigorous reporting requirements are implemented, in order to counter fraud, front running, and other illegal market manipulation tactics.
Critics may say that additional reporting requirements would open these trades, swaps, etc to being front run as part of a counter strategy. To that I will contend that if your investment strategy relies on hidden information or subterfuge in order to succeed, you are no longer investing but gambling at best, and seeking to manipulate the market for gain at worst. There cannot be a free and fair market without accountability and accessibility to that accountability.
When markets are transparent, fairness and equity for all involved parties is sure to follow.
Thank you for your time,
A Concerned Investor