Subject: SR-NSCC-2022-003
From: Jeremy Adams
Affiliation:

Apr. 20, 2022



To whom it may concern,

As a concerned retail investor, the very thought of this rule is mildly terrifying. So much complexity is already apparent and making our markets unfair, non-clear, and anything BUT transparent. Allowing these SFTs to operate as proposed simply furthers the complexity and is the opposite of the goal of protecting retail investors.
The issues of FTDs in our market is already a problem and this just seems like another method to obscure what really goes on with our money. We as investors and shareholders have a right to fair markets, and this does not seem to contribute to that in the slightest.  This is not the first time this has been proposed and will hopefully soon be withdrawn like the last two.


Thank you very much for your time.

Sincerely,
Jeremy Adams
A very concerned retail investor

Sent from my iPhone