Apr. 20, 2022
To whom it may concern: The rule proposed is an insult to every retail investor. There is no need to have such a rule if major players in the market were making fair and just risk assessments. The rule reads as a safety net to NSCC participants that have been acting in bad faith in the markets. If major players made a risky decision and they turned out to be wrong, it is not the retail investor that should be the unsuspecting victim of the market players' poor decisions. I also find it insulting that the justification of this proposed rule is to prevent another crash/recession like 2008. It was the intentionally immoral and shameful choices of the large banks, institutions, and other large, non-retail firms that caused great harm to the stability and faith in the American market. As a retail investor, I am highly concerned that this rule is even being considered. Please remove this proposal, as similar proposed rules in the past have been revoked. I hope that nothing like this rule and its previous iterations are proposed in the future, as it only protects and encourages nefarious behavior in what is supposed to be a fair and transparent market. Thank you for your consideration, A concerned retail investor