Apr. 20, 2022
I’m a concerned retail investor who would like to divulge my opinion about rule SR-NSCC-2022-003. I find that this rule is toxic and insidious to all retail investors by completely disregarding a free and fair market. It gives unprecedented power to those who already have corrupted and abused the market for their own benefit if implemented. This could potentially make it much worse for citizens of the United States and puts we the investors and the people at financial risk, for Hedge Funds and Citadels own gain. This rule would set FTD (fail to deliver) shares into a black hole of nothingness, only to be purposefully neglected and ignored. It would let Citadel be absolved of any consequence for any malicious practices already set in motion. If implemented a “free and fair” market would then be abolished along with a shaky financial system that would crumble at a moment’s notice. The good will of the people would be lost. Please withdraw this potential rule immediately for the safety and justice of our markets. - A concerned retail investors