Subject: SR-NCSS-2022-003
From: Sam Richings
Affiliation:

Apr. 20, 2022

 



To whom it May Concern: 


As a retail investor, I am highly against Proposed Rule Change SR-NSCC-2022-003 for what I believe to be very obvious reasons. 


I am baffled that you can even entertain a proposal such as this. 


You should also make this information much clearer for the everyday investor - not everyone has the sources or ability to figure out what any of them mean, and I believe that to be intentional to keep retail investors uninformed or intimidated through highly complexed processes and wording. 


We want more transparency, not complex backdoor solutions that enable bad actors to escape their moral, fiduciary, and ethical responsibilities as market participants. I'm sure there is a majority of people working for and representing the SEC that share the same view and are similarly frustrated at such clearly one-sided proposals. 


Services should be made easier to contact regulators and regulators should do their jobs. 


Sincerely, 


A concerned investor in the U.K 


Sam Richings