Comment Text:
As an individual investor seeking the maximum possible return for my investments, I highly value transparency in swap data reporting. The ability for financial entities to hide positions via unreported swaps without disclosing their risk or exposure has already proved to be a problem (e.g. FTX, Alameda, Hedge funds) which has been encouraged by the currently delayed requirements for swaps reporting. I cannot believe that the burden of "paperwork" exceeds the value of the information that could be shared and used to inform markets for better price discovery, particularly when these financial instruments are surely being tracked electronically already.
I strongly encourage this data to be tracked and made available daily, shortly after the close of the US financial markets. I cannot see how the CFTC could effectively perform their regulatory duties without it, and I cannot see any benefit to not making it public in the interest of promoting free market forces.
