Oct. 30, 2022
October 30, 2022 I am unable to fathom how it's possible for a company to self regulate when it's in their best self-interest to blatantly lie. History has shown us that this is being done on a large scale and has come back to the same thing over and over again: the self reporter gets away with a slap on the wrists (if even that) and the tax payer got to bail out the economy again. Why do they get away with this? The select few who know (or should know) do nothing or can't do anything about this, rather choosing to filling their pockets with bribes. It's all for the short term. For this economy, no this country, to have any chance of recovery, the oultook has got to change from the short term (turning a blind eye, dealing out fines of less than 1 % of the gains, taking briberies) to the long term. Above I've referred to the select few who are in on this information: if this rulling goes trough and it becomes mandatory to (NOT SELF) report daily the swap positions, every body can see the blatant manipulation that's going on. When the whole nation knows they can rise up against the 'big boys' who now do everything in the shadows, and you don't have to fight this fight alone with the fear of being crushed by these 'big boys'. They can't maintain this if every tax payer is against them (which they will be once informed). As a addendum to that: as a software consultant I must say that you make it pretty hard for people to find the correct page and rulling to comment on. If you'd invest in making your site more accessible to the public, you'd get way more voices of the individual investors to chime in. Because my best guess is that the amount of comments might be a bit skewed to the larger companies and their lawyers, which I don't imagine have the best interest for the individual investors at heart.