April 20, 2022
To whom it may concern,
I firmly believe this rule is not in the interest of retail investors. In fact, I am disappointed in our regulatory organizations that SR-NSCC-2022-801 is even being proposed. This rule only benefits large organizations performing predatory short selling practices, and gives them more tools and leniency to perform smiley financial tactics on publicly traded companies crucial to the American public. This rule loosens the already laughable accountability for those with outstanding short positions and further allows for the \"can-kicking\" of FTDs, an issue that already plagues our markets.
Signed,
Aziz Ur Rehman