Subject: SR-NSCC—2022-003
From: Benedikt Fechner
Affiliation:

Apr. 20, 2022



Hello,
I’m a retail investor from Germany and after reading through the document I came to the conclusion that this rule would only benefit bad actors . Faith in US markets are already diminished. Their are not “fair” or “free” and this rule will make everything worse . I urge you to not let this rule pass .

Regards
Benedikt Fechner