Nov. 01, 2022
November 1, 2022 There should be full disclosure of all open swap agreements on all existing financial instruments. These agreements directly affect the value of the instruments that they derive their value from. Without knowledge of these agreements, individuals outside of the agreement (e.g. every other trader in the market) do not have a full understanding. This effectively is not significantly different from insider trading. Increase disclosures of Swap arrangements to create a more free and fair market. Thanks