April 20, 2022
This proposal is similar to the (fortunately rejected) SR-NSCC-2021-010 from the standpoint of reducing transparency in the market. This is not the stated goal of our SEC chairman and it acts against the interests of retail investors. Already, there is minimal transparency with Gary Gensler's public statement that 90% of trades do not go to the lit market where there can be price discovery. As a (somewhat) average person, engineer and father of 2, I'm disappointed in this push towards more market centralization and obfuscation which is not in the interest of the masses. This change is NOT in the interest of me or my family or anyone in a similar economic position. Please - reject this proposal for the similar reasons as SR-NSCC-2021-010. Thank you PS - this is me being brave, speaking even while my voice shakes. I already have limited trust in our market regulating institutions but I am motivated to comment publicly out of fear for worse consequences if I do not speak up and try to fight for transparency. Neutrality benefits the aggressor.