Comment Text:
Retail and the markets in general need transparency. Especially for a system that is so critical to our markets. How can any investor, retail or not, be expected to make rational risk decisions if the data on swaps is not public and up to date? They can't. I understand the need for response efficiency, but STRONGLY disagree with any changes that result in less transparency. The cost of doing business in our markets should be transparency! If companies cannot, or do not want to meet this standard, they don't deserve to operate in the US market. Period. If anything, we desperately need more scrutiny and transparency for reporting standards. More transparency for the US market is NEVER a bad thing. The companies manage/oversee trillions (stocks/options total market), they can afford to pay the privilege.
