Apr. 20, 2022
This is the third time this rule has ben proposed. Its only purpose is to continue the risky practice of naked shorting but mitigate all risk. FTDs (Failure to Deliver) will also continue to permeate the financial basis and systematically ruin what is supposed to be a free market. This rule only helps those instuitions that rely on these mendacious practices to further line their pockets at the expense of the retail investor. For the sake of transparency, for the values and principles this country was built on, withdraw this proposal again. Permanently. Our market needs more checks and balances, more transparency. Vote NO for SR-NSCC-2022-003.