Apr. 20, 2022
Dear Sirs, In regard of proposal SR-NSCC-2022-003 after studying this proposal there is only one conclusion: it is an abomination. This is more and more a market becoming unhinged from reality. Where FTDs are not punished and not even having to buy in AFTER regsho FTD is pure fraud. You would create a second-hand market of non-existing "locates" with no value at all into perpuity. This has to be stopped. I could never imagine the SEC being on board with such a mob-rule, taking every responsability/price discovery out of the marketplace. Have a nice day. Debruyne Alex.