Oct. 31, 2022
October 31, 2022 This rule is absolutely necessary for a free and fair market as I support public knowledge in general. Deceptive practices like security-based swaps can have extremely destabilizing effects on the markets, hindering true price discovery and devastating the ability of retail investors to make informed decisions. I became extremely concerned about hidden positions after the Archegos blowup- who knows if some other fund has something even larger as this point without these reporting requirements? There might be another position that a fund has which is even larger, and it could potentially be tied to pensions or 401ks We need to know, to ensure the safety of millions of Americans' retirement plans. I would like the reporting threshold to be a bit lower- more public data is always better. Please implement this as soon as you possibly can. It's necessary to create a truly free market.