Subject: File No. SR-NSCC-2022-003
From: Marc Bickman
Affiliation: Consultant - cybersecurity

April 22, 2022

This rule will allow the market makers to create synthetic shares and manipulate it to their own wishes. This is not the intent of free market and only provides protections to a select group with inside knowledge and who already abuse their positions in the market by naked shorting and other manipulation. The free market allows people to gain or lose on equal grounds, not by handing over the market to a select group and bankrupting others.