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Comment for Orders and Other Announcements 88 FR 2894

  • From: Albert Wong
    General Public

    Comment No: 71022
    Date: 1/18/2023

    Comment Text:


    I am concerned that any pushing back of swap reporting data would damage reputation and trust of the US stock market. As police associations across the country like to say: "If you have nothing illegal to hide, you have nothing to worry about."

    Furthermore, if in the future, unfortunate events where hidden swaps were deemed to be the cause of a new financial crisis, those who voted for pushing back reporting requirements may be viewed suspiciously and any perception of impropriety will need to be investigated and prosecuted.


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