Apr. 21, 2022
Dear SEC lam a retail investor who would like to make my thoughts known about rule SR-NSCC- 2022-003. This rule completely disregards the rules of a free and fair market, by giving unmeasurable amounts off power to bad actors who would, can and will (if implemented) abuse this mechanism. This rule sets to "alleviate" failed to deliver shares essentially sending all the shares that were to be delivered into a void where bad actors can then forget about it. This rule completely disregards the rules of a free and fair market, by giving unmeasurable amounts off power to bad actors who would, can and will (if implemented) abuse this mechanism. This rule sets to "alleviate" failed to deliver shares essentially sending all the shares that were to be delivered into a void where bad actors can then forget about it. This rule will be letting said bad actors off the hook which will then make future investors question if our markets are really "free" and "fair". I concluded by urging the SEC to withdraw this proposal immediately for the safety and justice of our markets. Kind regards, Steve Rapson