June 23, 2023
I support the reporting of security-based swap positions. Hedge funds/prime brokers/MM have all abused the markets by non-reporting of swaps. Just look at how high derivatives are calculated....in the trillions. In addition, they have been able to manipulate the markets with swaps. Modifying price discovery especially shorts. JP morgan just \"lost\" 47 million emails. There is major corruption and securities fraud going on and more reporting especially with swaps will catch the criminals sooner than later, unlike you (the SEC) did with Madoff. His sons had to turn him in even though you investigated him 2 or 3 times. It's time to crack down and protect retail investors.