Subject: SR-NSCC-2022-003
From: Lucino Flores
Affiliation:

Apr. 20, 2022



To whom it may concern,

I am a retail investor and I disagree with the proposal of rule SR-NSCC-2022-003.

This rule blatantly shift’s accountability and is not inline with a ‘free market’. It’s a can-kicking rule that explicitly allows naked shorts to be laundered by fake-settling them away from market price discovery. I urge you to please listen to your retail investors and instead propose rules that level the playing field instead of unbalancing even further.


Regards,
Lucino Flores - Retail Investor