Oct. 30, 2022
October 30, 2022 I am writing to you with concern regarding SWAPS. The Hedge Funds can enter into many of these SWAPS and get short exposure to the stock without directly shorting it. They can enter into multiple SWAPS and create multiple synthetic shares without ever worrying about the short interest being reported. This is inherently wrong. Therefore, I agree with the proposed rules on SWAPS.