Subject: SRC-NSCC-2022-003
From: Jason Smith
Affiliation:

Apr. 20, 2022



SEC,

The proposed rule change in SRC-NSCC-2022-003 can not be implemented. These rules changes have been systematically destroying the integrity of the financial system.

These types of Changes only benefit the very people/institutions that benefit from manipulative tactics through use of loopholes in the system. Institutions should not be able to control the price of an equity in a free market by rules afforded them as Market Makers.

The rules governing Market Makers are intended to provide liquidity and stability to the market. These institutions do not act in good faith, proven by the millions of Failure to Delivers constantly being reported in various equities.

These practices must stop for the financial security of our Nation.

Thank you,
Jason Smith



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