Oct. 30, 2022
October 30, 2022 I believe that the markets need to be more transparent with security-based swaps. Allowing financial entities to not publicly disclose this data is beneficial to nobody but themselves. Large swaps between institutions is likely to be filled with abuse and the only way to rectify this is by releasing this information for public scrutiny. If anything, I believe the rule could go further by lowering the threshold to $100 million. I appreciate the SEC taking action on the part of smaller investors by fighting for us to get the information to be more well informed investors.