Subject: File No. SR-NSCC-2022-003
From: Samir Ali
Affiliation:

Apr. 23, 2022

 



To whom it may concern, 


I would like to know why Security Finance Tokens are being even considered. The non-regulation of when shorts must be closed is already extremely problematic, this only inflames and exacerbates the situation. 


This does away with the responsibility of short sellers to come up with their money according to the regular market dictates. This is harmful to the market and allows more loopholes in the system to the already broken rules with short selling in the first place.