Subject: SR-NSCC-2022-003
From: James Russell
Affiliation:

Apr. 20, 2022

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Gary Gensler tells me he wants to increase transparency and accountability in our markets, and then this rule is proposed? Gary Gensler tells me he wants to improve price discovery in the markets, but this rule would allow market makers more ability to control price. Withdraw this proposal and start making rules that improve price discovery, transparency, and accountability. In short, stop making rules in favor of large market participants and start making rules that in favor of retail market participants.

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