Comment Text:
Dear CFTC,
I am writing to express my strong support for open reporting of swaps and data in the financial industry. As an investor, I believe that it is essential to have access to all relevant data in order to make informed investment decisions. This includes data related to swaps, which has traditionally been kept hidden from retail investors.
I believe that all investors, regardless of their size or level of expertise, should have access to the same data. This will help to level the playing field and ensure that everyone has the same opportunity to make informed investment decisions. No data should be hidden, especially when it comes to swaps.
I also believe that it is important for the data to be taken care of in a logical and efficient way. This will help to ensure that the data is accurate and up-to-date, and that it is easily accessible to all investors. We should not have dark pools or other mechanisms that allow some investors to have access to data that others do not.
By ensuring that all investors have access to the same data, we can help to create a more transparent and fair financial marketplace. This will benefit everyone, from individual investors to large institutional investors, and will help to promote a healthy and vibrant economy.
I urge the CFTC to continue to prioritize open reporting of swaps and data, and to take steps to ensure that this data is available to all investors in a logical and efficient way. Thank you for your attention to this important issue.
Sincerely,
Michael Gilbert
