Subject: SR-NSCC-2022-003
From: Conrad Truchly
Affiliation:

Apr. 20, 2022



To Whom It May Concern,


As a citizen of the United States of America and as a retail investor, it is my understanding that it is the job of the SEC to protect investors, and maintain fair, orderly and efficient markets.

Today I am writing about SR-NSCC-2022-003 and to express my opposition towards it. This bill completely favors large institutional investors at the cost of retail. The current market is already rife with abusive naked short selling, PFOF, FTD manipulation through derivatives and dark pool order routing for retail order flow. All of which prevents accurate price discovery.  This proposed rule change would allow institutional players more freedoms to continue with these malicious practices. This benefits the big players at the cost of the retail investor.

My faith in the free and efficient markets of the United States and in the SEC will be forever damaged if the SEC turns a blind eye to the plight of retail investors in favor of the institutions and their lobbyists.

As someone who has served (and continues to serve) this country in the armed forces I implore you to now serve the people of this country and do your job and protect retail investors. Show us that the free market is not just an illusion.

Thank you for your time

Conrad Truchly

Sent from my iPhone