Oct. 30, 2022
October 30, 2022 I believe this rule to be absolutely mandatory to the function of traditional securities markets, and I support it's immediate implementation. There is significant evidence put forward through crowd sourced research that swaps are being used to manipulate the market on a level that can cause market instability and collapse on a massive scale. Making this data fully public and transparent is necessary to allow the average, non institutional investor to have a fair chance in the market. Or in other words, to prevent theft of everyday people by market manipulating institutions. I also support making these requirements even more strict. For example, reporting even relatively small swap positions, under the million dollar threshold, to make it impractical or impossible to hide large positions spread out over several different members of the same group. I applaud the way which you already try to combat this problem, but it does require manpower to determine if there is collusion in this way. Reporting more of the data to the public will allow for such things to be discovered much more quickly. I am grateful to you fine people at the SEC for finally tackling this massive issue, despite the pressure you must face. I also thank you for working for the average person in these ways, despite how ungrateful we can be sometimes.