Apr. 22, 2022
SEC, Good afternoon! I'd like to voice my strong opposition to the proposed rule SR-NSCC-2022-003. This rule goes against a free and fair market and allows over leveraged funds to create synthetic liquidity to avoid FTD's on naked shorts and avoid margin calls. This ruling will allow for further abuse and stealing from retail investors. Where is the accountability and justice for retail investors? How can a free and fair market operate when the big players get out of bad bets using synthetic shares to avoid responsibility? There are millions getting robbed in AMC and GME using naked shorts. I am concerned that our democracy is at risk and the regulators aren't doing enough to enforce the rule of law. Thank you for your time.