Apr. 20, 2022
To whom this may concern, I am writing to oppose SR-NSCC-2022-003 as I firmly believe this will harm retail investors like myself. Transparency is an asset to our market, giving investors of all types confidence in their investments. Shorting is an inherently risky process, and by removing this risk associated with it via SFT’s makes the value of a security fungible. In particular, criminal naked shorting and FTD’s lose risk, making it a more attractive venture to larger investment firms. Which can push valuable companies to bankruptcy, and destroy the financial security of small retail investors. I implore you to not create SFT’s, so markets can remain fair for all participants. FTD’s are at best a mistake, and at worst an abuse of our financial system that should not be rewarded. Sincerely, Angelica Anglero -- Best Regards, Angelica L. Anglero Link to my Online Portfolio LinkedIn Profile