Subject: SR-NSCC-2022-003
From: Dan Syme
Affiliation:

Apr. 20, 2022

 


No. The 40+ pages comes down to the avoidance of market price discovery through onward lending. It removes that infinite risk of naked shorting entirely, and in so doing the deterrent of engaging in what is supposed to be a very risky business. 

This rule does nothing for the average investor and everything for the few at the top. 


Daniel, 
Retail Investor