April 20, 2022
To whom it may concern,
I am deeply troubled by this proposed rule. The use of SFTs to allow FTDs to be reset or can kicked goes against the non fungible nature of settlements of securities. It would allow for significant market manipulation that serves as a great threat the global financial system and to our nations safety and security.
I urge you to not only reject this rule, but to further crack down on FTDs as they themselves pose a significant risk to the financial stability and security of our nation. If I am not mistaken, you are federal employees that have sworn the same oath I have to support and defend the Constitution of the United States.
Thank you for your time.