Mar. 24, 2021
Greetings, Pertaining to the proposed rule change SR-NSCC-2021-801 and in light of the recent events related, but not limited to, Gamestop Corp. Class A Common Stock ($GME), I have the following comments: A) Careful analysis of all transactions surrounding $GME, including, but not limited to, exchange-traded funds (ETFs) that contain $GME as part of the portfolio, reveal that stock market manipulation has occurred in order to purposefully depreciate the value of $GME beyond the finances of the company. B) Careful analysis of all transactions surrounding $GME, including, but not limited to, exchange-traded funds (ETFs) that contain $GME as part of the portfolio, reveal that illegal stock market actions have occurred. The objectives and efficacy of those actions cannot be stated definitely, however, their existence can't be refuted. C) The rules, some of them exceptional, by which market makers must abide doesn't prevent them from being an interested party in the course of daily stock market activities. D) The rules, some of them exceptional, by which market makers must abide, allows them to have access to time-sensitive information (such as buy and sell orders) and pursue their own course of action before that information materializes on the market. E) The $GME stock has been the target of provable media manipulation. The most blatant example of this is MarketWatch announcing, on March 10, that $GME had plummeted 5 minutes before any significant downward movement of the stock. https://i.redd.it/tgdacdwod9m61.png For these reasons, it is critical that agents in the stock market receive a strong signal that SEC rules are not to be circumvented without consequences and more importantly: that the SEC is committed to punish anyone infringing on those rules. Best regards, Simon-Pierre Lussier, Sherbrooke, QC, Canada J1H0C5