Subject: File No. S7-05-22
From: An Investor
Affiliation: Engineer

April 2, 2022

I support shortening the settlement time. I and everyone with a brain knows that the settlement time can be changed to T+0. It will require some engineering, but we have the technology, and it will make the securities market more secure, so it should definitely be done.

Also, to ensure the company has the most up to date information about ownership of the portion of their stock that they've entrusted to the DTC, a Transfer-Agent Depository (TAD) should be used to facilitate this T+0 settlement mandate.

This TAD should also require (and yes that is \"require\", as in \"compulsory\", not any other word that allows for wiggle room) that all shares held by investors through brokers be held NOBO.