Apr. 20, 2022
This rule absolutely cannot be passed. Retail is tired of rules enabling corruption in large financial institutions. FTDs are already out of control. They do not need any new mechanisms to skate around delivering shares. FTDs should be illegal to begin with. Please do the right thing and protect retail investors for once. It's unbelievable to me that something like this could pass before banning payment for order flow- something Gary Gensler himself ad spoken out against. So again, please do the right thing and don't allow SR-NSCC-2022-003 to pass. - Connor Tracey