Subject: File No. SR-NSCC-2022-003
From: Don Hrehirchek
Affiliation: Vice President WCT Industrial

April 23, 2022

This rule is a clear attempt to launder illegal naked shorts and FTDs. The DTCC and the NSCC both know there are billions (possibly trillions) of dollars worth of naked shorts, FTDs and the like that need to be cleared.