Subject: File Number SR-NSCC-2022-003
From: Chris Ellis
Affiliation:

Apr. 20, 2022



SEC, 


I wholeheartedly disagree with this proposed rule change. It's yet another attempt by the big players of Wall Street to allow for Failure to Delivers to be kicked down the road and prevents true price discovery. Stop letting market makers avoid delivering purchased shares. This rule is yet another bandage on a much larger issue. We need same day settlements of securities. This can be done with secure, existing technology, such as through the Blockchain. Passing this rule is not a sustainable solution towards fixing our already rigged market system. 


Chris