Subject: Disapproval of SR-NSCC-2022-003
From: Keaton Vandam
Affiliation:

Apr. 20, 2022

 





I am writing as a concerned United States Retail Investor about the implications of the rule you proposed on 04/19/2022 (SR-NSCC-2022-003). 


After going through the file twice scanning for key points and changes, it is very clear to me that the rule changes are in fact acts against the interest of retail investors, whom SEC is supposed to protect need I remind you. 


It does not align with Retail due to the increasing possibility for avoidance of true market price discovery through continuous lending. The changes to me depict a crafted protected practice of abusive short-selling on leveraged assets. If SR-NSCC-2022-003 changes would come to existing, the "Fair Market" would just spiral deeper into the deeply rooted issue that our country isn't willing to fight for, the middle man, the working class the retail investor thinking their money is safe but in reality you are trying to hide the corruption through a fake facades of complexity and allow a deeply problematic issue continue to rot our "Fair Market" we all see the volume, we all saw them turn off the buy button due to the losses. Please do not let them worm their way out of their graves. 


AS A RETAIL INVESTOR, I DO NOT APPROVE OF SR-NSCC-2022-003.