February 7, 2022
I believe there is a lack of transparency on reporting on swaps, specially considering that CFTC has unilaterally decided to stop reporting that information without any reasons. I believe retail is forced to trade in the dark, and there is a heavy information asymmetry. I would like to see more reporting on ALL forms of swap, and a way to hold accountable the agencies who are supposed to keep this information up to date and available, after all, CFTC simply cut the stream of information and there is no recourse for retail to fight it back, and the FOIA reports have been ignored.
I would also like to see ENFORCEMENT of the rules, and punishments to not be a small cut of the profits done during the crime but rather punishing enough to not only cost the money they made AT MINIMUM, but also a fine on top of it, with barring of trading rights. I hope to see more reporting on swaps information and punishment apt to crime committed.