Subject: Do not implement SR-NSCC-2022-03
From: matt lalaland-ent.com
Affiliation:

Apr. 20, 2022

 


Regarding File Number SR-NSCC-2022-03


As a retail investor, I'm concerned about this proposed rule, as it is against the interest of retail investors and the SEC is supposed to protect retail investors. 



It helps avoid true market price discovery through continuous lending and lessens risk of naked shorting -- Thus, it benefits institutional investors and poses systemic risk to the stock market.


We need more transparency to level the playing field between retail and institutions, not less.


Please withdraw this ruling completely.


Sincerely
Matt Verboys