Aug. 21, 2023
I would like to voice my support for this proposal. Nothing is more important for free and fair markets than transparency. Demanding increased reporting can only improve things by dragging massive, powerful market participants kicking and screaming to a more level and more fair playing field. When they whine and complain about the imposition this proposal would cause, or how its going to hurt the market, make no mistake that the actual translation is "this proposal will slightly diminish our obscene profit margins and ability to commit fraud without anyone knowing about it." Make them disclose the swaps, and take away their right to trade if they refuse or fail to do so. Fines and no admission of fault settlement of court cases are grossly insufficient. Thank you Jeff Weldon