Subject: SR-NSCC-2022-008
From: Julian Mckenna Young
Affiliation:

Apr. 20, 2022

 

SR-NSCC-2022-008 


To Whom it may concern 


I oppose the implementation of this rule! 


Rules put forth by agencies, like the NSCC should be done to strengthen the market, not destablise it. This rule is a complex way of removing the checks and balances of a free market under the guise of “Liquidity”. 


The question should not be an ever increasing push to Liquidity but rather a balance between Liquidity and Price formation. 


Allowing constant loopholes to allow FTDs to go unrealised is destabilising for the entire US Economy - this rule would allow an exponential rise In FTD at the expense of all. 




As a retail investor I strongly oppose this rule 


Julian young 
Retail investor 
(APE)