Apr. 20, 2022
comment on rule SR-NSCC-2022-003 This rule is just wrong. They know the NSCC members don't have collateral for their current obligations of the price gets away from them. The NSCC are giving a pass to members who want to take risk beyond what current financial vehicles allow for. And finally, this financial tool can be weaponized to effectively create infinite shares of a company by saying company A's shares are worth the same as B's. Matthew Swetiz Lenexa, KS