Comment Text:
What is actually wrong with your organization? Erroneously deciding that you don’t need to report any of your swap data for 2+ years for “market stability” concerns? Give me a break. Let me tell you, It is so frustrating that as an American, I have to waste my god damn time “writing a comment” on some sort of regulatory rule change bullshit- to tell the CFTC to use common sense and do the right thing.
Of course you should be publishing this data! And without haste! Why is the Bank of International Settlements reporting that there is $80 trillion in debt off books relating to swaps? I want you to conceptualize how big that number is.
Do you really not think that hiding this data from the public is making the problem worse? The problem that is large financial institutions gambling away savings and retirement funds with $80 trillion dollars in unaccounted and unsecured debt hidden in swaps??????
Shame on you. Release the data. Do the right thing.
