Comment Text:
Dear CFTC,
I am writing to express my firm support for transparent reporting of swaps and data in the financial industry. In my view, access to all relevant data is paramount for informed investment decision-making. This includes data pertaining to swaps, which has historically been concealed from retail investors.
I believe that every investor, irrespective of their size or level of experience, deserves equal access to data. This will enable a level playing field, ensuring that everyone has the same chance to make informed decisions. Concealing data, especially when it comes to swaps, is unacceptable.
Moreover, I feel that data management must be logical and efficient, so that the information is precise, current, and effortlessly accessible to all investors. We should not have dark pools or other instruments that permit some investors to access data that others cannot.
By ensuring that all investors can access the same data, we can promote a more transparent and equitable financial marketplace. This will benefit everyone, from individual investors to large institutional investors, and will help to foster a thriving economy.
I urge the CFTC to continue prioritizing transparent reporting of swaps and data, and to take steps to ensure that this data is available to all investors in an equitable and efficient manner. Thank you for your attention to this vital matter.
Sincerely,
Bill Gilbert
