Aug. 22, 2023
I support this rule and want to take a second to remind the commission that the protection of the market is their duty. Not the protection of certain participants causing chaos and risk events thought-out the market via CDS,SBS etc. Each response from an institution or market participant has been begging for the continued obfuscation of swap data regarding the public. They are also voicing that the markets “liquidity” is at risk if Fraud, Manipulation, deception is made illegal. Liquidity is a term used for phantom shares / fraud. These institutions are documenting the fact that they are committing fraud, manipulation, and deception on a daily basis as it is the status quo. I urge the commission to disregard market participants discussing liquidity. Transparency is a must. Immediate implementation with a 0 dollar reporting threshold will make sure that all swaps are publicly reported. I also want to take a second to remind the commission that the Retail investors commenting are the actual asset holders. Not the institutions trying to flex their assets under management. The fact that they are going the length to discredit shareholder activism should be a blatant enough admission to warrant investigations into this entities.The process for rule proposals is engagement with the public. This is why it goes to public comment. The process is not sole engagement with institutional market participants to continue to cater to their needs solely at the expense of the investors who are powering the market. If this rule does not pass, it is a gross dereliction of duty and a breach of the process provided. I also must state that commenting on proposals is the only avenue available for retail investors. If our voices are ignored, silenced, and removed… you cannot expect us to stay in the wholesale run fake market that institutions force retail to trade in. I fully expect due to the volume of public engagement and outcry that the Commission will implement this rule during the 8-23 public meeting. Do not fail the markets by continuing to protect these criminals. ANONYMOOOSE