Oct. 30, 2022
October 30, 2022 Dear Commission, I support this proposal since every added transparency is improving the fair market and moving it closer to the definition of a perfect market. A more perfect market would reduce fraud and improve price discovery. To get closer to a perfect market a high frequency and public access of the data is key. So I highly support the daily reporting and public access which is proposed. I would like the commission to even go farther and decrease the threshold even more. Maybe not at the start but roll it out in waves, so the reporting is set up at the start. And afterwards the threshold gets lowered and the frequency of the reporting gets increased. And I strongly support the mechanisms to prevent evasion of the reporting If evasion is found it should lead to a strong punishment. Furthermore it would make sense to rollout this transparency internationally not only in the US. Since the market is connected international and this would decrease systematic risks for the world economy. Best Regards Thomas S.