Subject: File No. SR-NSCC-2022-003
From: Jason Lewis
Affiliation: none

April 22, 2022

This proposed rule should not be passed. If passed, it will allow institutions who chose to make bets against securities by shorting them have zero consequences if their bet is wrong. Do not pass this resolution. This is not market fairness, this is tilting the market in favor of large institutions who already have numerous advantages, and will hurt the retail investor.