Apr. 19, 2022
SR–NSCC– 2022–801 The proposed rule does not solve any problems due to illegal naked short selling and FTDs. This rule simply creates another layer in which these illegal actions can be hidden and obviscated from the public. The rule does not act in the best interest of the retail investor. Systemic change is needed to address the root of this problem, not hide it as this rule proposed. The bad actors, no matter how large or powerful need to be held accountable for their criminal short selling and failure to deliver securities. There should never be a fail to deliver, that shouldnt be possible. There should never be a naked short, that shouldnt be possible. Why are we still on this topic, these are easy no brainer structural changes. As far as retail investors can see, the SEC, Finra, DTCC are all complicit in the biggest racketeering and fraud case in world history. Complicit in stealing trillions of dollars via complex market manipulation of heavily shorted securities. Hedge funds are driving the price, the regulations, the politicians, and the private interests of the super rich. What side of history will you be on?