Subject: SR-NSCC-2022-003
From: Stephen Ranger
Affiliation:

Apr. 20, 2022

 



To whom it may concern: 


Any rules created that allow ignoring the fiduciary responsibility of an entity participating in our markets should not be passed. All this rule does is allow one entity to pass their responsibility onto another entity and "reset" the clock in failure-to-deliver obligations. There is already enough rule breaking and bending in our markets; do not add a legal way for an entity to skirt their responsibilities. 


Regards, 
Stephen Ranger