Apr. 20, 2022
Hello. I’ll keep this concise, unlike SR-NSCC-2022-003. Firstly, this proposal serves only to enable those who, through irresponsible and/or illegal trading activity such as naked short selling, are stuck in an irredeemable position, and are looking to create yet another ‘legal’ escape route. I’m sure the credibility of our markets is already a hot topic at the SEC HQ, but the fact that this rule is even being proposed shows that the level of disregard for market transparency and fairness is completely, and blatantly, out of hand. Secondly, this is a purposefully overcomplicated document, with the goal to bore readers into submission. This should not only be withdrawn, it should serve as an example of why rule change submissions should be simple and concise, rather than convoluted jibber jabber. Please withdraw this proposal. Yours Sincerely, Adam Kehoe.