Subject: File No. SR-NSCC-2022-801
From: Gaudencio Amador

April 20, 2022

the complexity of rules that govern our fair market, are not created by Retail, rather by Wall Street, big banks, and Hedge funds, and they use the complexity to their advantage. This rule is just another example of leveraging complexity to fleece over retail by keeping them ignorant.

Allowing Large players to avoid price discovery and failure to delivers creates an impossibly complex system that benefits only those who engage in incredibly risky trades. Creating a system like this removes that risk and would most likely encourage bad behavior in our markets.