Apr. 20, 2022
I am writing as a concerned retail trader/investor upon learning about SR-NSCC-2022-003 proposed 4/12/2022. This rule change is being proposed to blatantly and recklessly allow formerly illegal activities to become legal. Faith in our financial institutions is being eroded day by day by criminal activity. It is frustrating enough to know that the SEC tends to look the other way, but to learn that now a rule is proposed to ALLOW this activity is absurd. These types of rule changes are directly harmful to a free market, to retail traders, and to large trading entities who operate in good faith instead of bending and breaking rules to profit off of the backs of hard working Americans. I hope that some sense can be restored by our governing bodies and that this proposed rule change would be withdrawn and thrown into the trash where it belongs.