Subject: File No. SR-NSCC-2022-003
From: Riba Jacob
Affiliation: Quality Analyst

April 20, 2022

I am a retail investor and I am opposing this rule.
This rule does nothing to protect retail investor as it creates less transparency and creates FTD's and Naked Short Positions with the help of NSCC acting as intermediary and adding more lending of the securities.

I urge SEC to withdraw this rule as it deteriorate the American public's faith in a Free and Fair Market.