June 26, 2023
As a retail investor this is the most refreshing proposal I have seen in such a long time. I do not believe any retail investor could deny reporting of swaps is beneficial for healthy markets. Currently swaps are plaguing our markets as it is allowing bad-intentioned large investors (as long as you are a hedge fund, bank, market maker, etc. just not retail). Swaps are particularly worrying to retail as we understand we truly have no way of knowing just how big this swaps issue is in our markets.
It is my personal belief that swaps give big players the ability to hinder true price discovery with \"artifical\" volume, and making trades they could not otherwise make. On top of that swaps are simply another advantage the big players get that retail cannot. I believe in making a fair and equal market and I hope you do to.