Oct. 29, 2022
October 29, 2022 I support greater transparency and enforced reporting requirements in swap related transactions. This will benefit retail investors to have this information readily accessible, instead of waiting weeks or months for skewed data. Predatory practices by hedge funds and market makers quite literally have put businesses out, negatively affecting all those invested in said companies, for the benefit of very few. These chains of largely unregulated and unknown exposure lead to economic fragility, and the middle and lower class end up paying for economic downturn more than anyone else when these bad packaged bets go south. Having a network of checks and balances in individual investors cross checking these data is absolutely necessary for a fair and functioning marketplace, where true price discovery can be found