Apr. 20, 2022
Hello, I am writing to you to voice my concern in regards to the SR-NSCC-2022-003 bill that has been proposed. This rule totally goes against the fairness in the stock market as it would give a tremendous amount of power to funds with big funding. Yet again giving more power to the institutional investor and leaving retail powerless by comparison. Not only could it be abused by bad actors, this bill is simply another obstacle to real price discovery. I would go as far as saying that this flat out goes against price discovery. This bill is set in place to "alleviate Fail To Delivers", one could suppose that this means reduce Fail To Delivers in our markets, but no, all this bill will do is give bad actors that illegally naked short sell stocks a get out of jail free card. As I see it, this bill gives bad actors even more power than they currently have to circumvent laws put in place for a fair and free market, yet again to the detriment of retail investors. Sincerely, a concerned investor