July 24, 2023
Americans deserve free and fair financial markets. The opacity of current market structure provides heavily asymmetric access to markets which unjustly benefits large financial institutions and deficits household investors. The reporting of swap positions being delayed until 2025 by the CFTC is a blight on access to financial information and highly suspect. Investors should have the knowledge of if, and the right to the knowledge of if, firms are engaging in unscrupulous trades and hiding them via swaps, as should all regulatory bodies. The way swaps are structured, and regulations on them are written, allow for problematic loopholes and should be more tightly regulated and more transparent to the public. Please enforce ethical and transparent measures to protect the American people.