Apr. 20, 2022
As a retail investor, this proposed rule is an affront to anyone and everyone who has ever purchased a security in your markets. The NSCC would have you endorse their criminal activities under the guise of fairness. They want you, our sole remaining force of good in the markets, to become their Sheriff of Nottingham, assisting the powerful and undeserving in taking that which does not belong to them. This same policy has been proposed twice before under different guises because the morally bankrupt white collar thieves on Wall Street are terrified they will be caught by the consequences of their own poor decisions. They are horrified that they might no longer have the option of sucking the lifeblood from the very veins of the economy, that they will have to work to earn that which, until now, they have simply taken. They fear that those mechanisms of capitalism which once made our nation so prosperous will escape their stagnating influence and begin to recognize them for the parasites they are. It sickens me to see these crooks propose such blatant exploitation methods over and over, just waiting for the day one of us is not vigilant enough. They think themselves above everything - above the law, above the consequences, and above the investors they exploit. They call themselves the “elite” and consider the profits of fraud and abuse to be their divine right. I would ask that you help deliver a just reward for their treachery by denying this and any other rule changes they propose to further promote their systemic corruption. They are a sickness which must be burned out from the roots and never permitted to return - for what began as but a single foul seed long ago has now become the single greatest threat to all American livelihoods. As a foreign investor, it is impossible for me to keep faith in this system if such laws ends up being adopted. The scale is already tipped in favor of shady practices and reckless bets of large institutions, while transparency is nil. Do not further exacerbate these problems by giving free passes to those who already practices illegal activities such as naked shorting.