Subject: SECURITIES AND EXCHANGE COMMISSION (Release No. 34-94694; File No. SR-NSCC-2022-003)
From: Julian del Valle
Affiliation:

Apr. 20, 2022

 


I am against the proposed rule allowing for Failure To Delivers (FTDs) to continue and worsen, leading to further and continued abused by market makers controlling and suppressing the price of equities. The rule, if implemented, would continue to erode faith in the American markets and domestic and international participation especially as general knowledge of similar tools such as dark pools, payment further flow, and naked shorts has grown-- practices made illegal in many other international markets, yet allowed to continue in the USA. 


Please do not allow Security Financial Transactions to allow new methods of malfeasance, as it allows for abusive practices where market makers are not held accountable for their failings. 

Thank you for your timely attention to matter. 


Sincerely, 


A retail investor