April 22, 2022
To whom it may concern: As an active retail investor in our great market I am urged to submit a plea of revocation in regards to proposed NSCC 2202-003. While protecting our market is part of it's overall goal creating another gray area for over-leveraged, abusive, short hedge funds to continue their dangerous practices which have created this huge problem to begin...is not the answer. Margin calls, short squeezes, and liquidity issues exist in this market organically. To erase these natural penalties would be the ultimate version of market manipulation. We are already seeing algorithmic manipulation, dark pool abuse concerning retail trades, and creating this loophole does nothing to fix our market's problems. Bad actors need to fall.