April 20, 2022
I would like to express my concern about the proposed regulations. as a foreign investor I believed that the US stock market was fair and democratic as you tried to show the whole world. Investing in a GME company I learned more and the wonderful system turned out to be a simple scam aimed at draining money from people to institutions. When people are simply asking for fair rules, you introduce regulations that make the system even more complicated, but they do their main job, which is to protect institutions.
This proposed rule is an affront to anyone and everyone who has ever purchased a security in US markets. The NSCC would have you endorse their criminal activities under the guise of fairness. They want you, our sole remaining force of good in the markets, to become their Sheriff of Nottingham, assisting the powerful and undeserving in taking that which does not belong to them.
This same policy has been proposed twice before under different guises because the morally bankrupt white collar thieves on Wall Street are terrified they will be caught by the consequences of their own poor decisions. They are horrified that they might no longer have the option of sucking the lifeblood from the very veins of our economy, that they will have to work to earn that which, until now, they have simply taken. They fear that those mechanisms of capitalism which once made our nation so prosperous will escape their stagnating influence and begin to recognize them for the parasites they are.
It sickens me to see these creatures propose such blatant exploitation methods over and over and over, just waiting for the day one of us is not vigilant enough. They think themselves above everything - above the law, above the consequences, and above the investors they exploit. They call themselves the elite and consider the profits of fraud and abuse to be their divine right.
I would ask that you help deliver a just reward for their treachery by denying this and any other rule changes they propose to further promote their systemic corruption. They are a sickness which must be burned out from the roots and never permitted to return - for what began as but a single foul seed long ago has now become the single greatest threat to all American livelihoods.