Oct. 30, 2022
October 30, 2022 I am commenting in favor of passing of this rule. For the sec to enforce its policies and create and fair marketplace this information is needed. Market participants with large, hidden, swap positions create a threat not only to Market stability but national stability as well. These hidden bombs can be in place without the sec or any relevant agency oversight. Please see the recent archegos situation and realize the conditions for additional similar positions can be reduced with the passage of this rule and hopefully additional similar rules in the near future. I implore you to pass this rule asap and propose additional rules to make sure that positions are taken as a whole portfolio , not leaving room for breaking up positions into smaller chunks to avoid reporting requirements. Please also to create rules to include international reporting also, to reduce the ability to avoid reporting. In requiring the reporting and providing public information on these positions I believe the se c will have taken a STEP in the right direction of providing a free and fair market and the protection to individual retail investors.