Oct. 29, 2022
Dear Securities and Exchange Commission, As a retail investor, I want to thank you for hearing my concerns regarding our current market transparency. I believe that transparency is an essential ingredient in a functioning market. Therefore, I want to clarify my support of public disclosure of swap-related data. Large swaps threaten the economy and the national stability of markets e.g. Archegos Scandal. More rules to prevent future swap-driven instabilities are needed. I therefore request that the threshold be lowered to $100 million/$200 million gross. If data was made public, it would be easier to detect collusion to avoid that threshold. The rules should also be made so that they are in effect internationally so that no firms nor funds can use borders to evade the market rules. Thank you and Kind Regards, Ola