Subject: SR-NSCC-2022-003
From: Dyami Andrews
Affiliation:

Apr. 20, 2022

 


To Whom it may concern, 

Having reviewed all pages of SR-NSCC-2022-003 I would like to express my concerns about its effects on market transparency & accountability. 


This rule would have significant negative impacts on market price discovery while simultaneously eliminating the risks associated with naked shorting; effectively encouraging high risk business practices. For market makers this is a wonderful introduction as many already employ these approaches, but for those on the other side it does nothing but harm. This is unfair and unjust rulemaking. 


Rulemaking along these lines is an affront to the everyday investor. I hope that my words here will guide your decisions in making a more just financial system for ALL involved parties. 




Thank you for your time, 


-Dyami Andrews