Oct. 31, 2022
October 31, 2022 Hello, I'm an individual retail investor, and a concerned one at that. I admit that I've been an ignoramus regarding the state of the markets. Ignorant to how they function, ignorant of all the different tactics and tools available to market makers, and ignorant of the bad hand being dealt to individual investors. I've since learned a lot about all of these things, swaps included. And to the point of my comment here on swaps: I am in full support of transparency and full public disclosure of this data. I believe that many tricks and strategies are being utilized via swaps that work to the detriment of individual investors such as myself, and I believe that there is no conceivable downside to exposing this data. After all, if everything is truly above board, then what harm is there in exposing it? If there is harm, as I suspect there is, then exposing this data allows retail investors another avenue to enact change. I want what is best for individuals, and I believe that the current use of swaps is actively working against retail investors. Furthermore, I would even posit that it is detrimental and a threat to financial stability of this country. If I may be so bold as to suggest internationally as well, that would be even more ideal. I would like to say I support more rules like this. I support it in its entirety and would be elated to see it enacted posthaste. I commend the Commission thus far on the attempts to release data thus far, and I hope to see even more transparency and honesty in today's markets, specifically to retail investors. Thank you, Matthew Sinex