Apr. 20, 2022
To whom it may concern, I am writing in regards to the proposed rule SR-NSCC-2022-003. Two previous versions of this rule have been withdrawn already and retail investors such as myself are opposed to this rule. The overly complex nature of this rule makes our market even more opaque than it is already. Rules like this are written by Wall Street to protect Wall Street, Hedge Funds and Big Banks. The rule contributes nothing to the protection of retail investors, but instead protects market makers and does nothing to deter risky business practices such as naked short selling or failure to deliver. I strongly oppose this rule. The SEC’s responsibility is to PROTECT investors and ENFORCE the LAW, not make it EASIER for us to be fleeced by those in power. There is nothing fair about the market if a rule like this is put in place. Thank you for your time. Erikka Jehle