Subject: SR-NSCC-2022-003

Apr. 20, 2022

 



This seems to be another attempt to let naked shorters off the hook. They already have an absurd number of loopholes that remain open for them to fraudulently keep FTDs open indefinitely and now we’re trying to make rules that allow them to close their positions without ever buying in? Are we trying to completely remove any semblance of supply and demand from the market? 

Stop trying to give them a backdoor and make them pay a proper market price by buying actual shares, preferably on a lit market (for once).