Subject: SR-NSCC-2022-003

Apr. 19, 2022



To whom it may concern.

This proposed rule should not be implemented.
All this does is allow companies that have failed to delivery, or naked shorted a stock to kick the cam down the road and not settle their bad bets.  Do not let these companies off with a fraction of what they should be paying for failing to deliver shares.  The SEC should not be protecting companies that make bad and/or illegal decisions.  These companies should be penalized.
This proposed rule is extremely detrimental to the retail investor.
As a retail investor I am against this proposed rule.

Tim Ramsey