Subject: File No. SR-NSCC-2022-801
From: Robert Hall
Affiliation: Educational Professional

April 20, 2022

A fair, orderly, and efficient market needs fewer borrows and more locates, not the other way around. The SEC's job is to protect investors from bad actors and this rule clearly would only benefit large accounts. Stop allowing naked shorts to happen. There should be zero instances of naked shorting. Even one is too many.