Subject: File No. SR-NSCC-2022-801
From: Niall Cunningham

April 20, 2022

I am a retail investor, and I oppose this rule. It reduces transparency in the markets and benefits only those abusing FTDs. It does not benefit the retail investor. Adopting this rule would create an even more unequal market, which is exactly the opposite of what the SEC is supposed to do. This rule should not be adopted.