Subject: File No. SR-NSCC-2022-003
From: John Franko
Affiliation: Retail Investor

April 22, 2022

I am a concerned American retail investor. This rule allows market makers, banks and the like to not be held accountable to unresolved debt which hurts our economy and financial markets. It results in continued market manipulation and opaqueness which is already rampant in our markets. This rule does not protect the individual investor. This rule is un-American, there is nothing capitalistic about it. This rule doesn't support free market trade or hold private institutions accountable for their debts.

This rule is a detriment to American families, the American dream, and the American way of life. Do not pass this rule. Passing this rule will render the American stock market useless and dangerous for the individual American investor.