Apr. 20, 2022
To whom it may concern: The mission of the SEC is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. As a retail investor searching for fair market and accountability and transparency, I request additional scrutiny and dismissal/repeal of this rule and proposal. Additionally, consider this a formal complaint toward the rule even being given consideration under the current SEC administration. It undermines every facet of the mission of the SEC... SR-NSCC-2022-003 is an additional tool to allow corporate gambling with little to no enforcement when those risks become due (losses). At a time when free and fair markets are needed most, and action to create it has been promised by Mr. Gensler, this rule is evidence to the contrary and will send a very loud statement that trust and accountability have been thwarted within the SEC. It further enables corporate corruption and greed, while removing accountability necessary in any free market -- and I request immediate action to repeal. Every day, corporate organizations knowingly violate existing rules within the SEC, because it is more profitable to risk potential penalties (which are frequently not even enforced). Think about that for a moment, your policies and enforcement enable blatant profitability by knowingly failing to comply. Do not build on that house of cards further with rule SR-NSCC-2022-003 I believe a free and fair market is possible, but not without sweeping changes and critical thinking against broken enforcement and stale rules. I plead with you to enact rules to create transparency and accountability for retail investors and corporations while there is a thread of opportunity remaining to do so. Demar