Apr. 21, 2022
Dear SEC, Re: NSCC-2022-003 and NSCC-2022-801. My wife and I belong to a large group of retail investors which includes our personal 401K, Roth IRAs, and various brokerage accounts (TD Ameritrade and Morgan Stanley). We have read and understand the proposed rulings above to essentially be created as a legal back door escape for over-leveraged hedge funds to launder illegal naked short sells and FTDs. We understand that protecting retail investors from naked shorting and FTDs is imperative, but not at the cost of preventing a short squeeze in the current market where these same practices have been going on for years, thereby, culminating in the volatile stock market situation we have today. We vote NO to changes in this ruling until current shorts are covered as expected. Respectfully, Matt Kukulski