Subject: SR-NSCC-2022-801 AND SR-NSCC-2022-803
From: Judson Balding
Affiliation:

Apr. 20, 2022

 
These rules are abominations and absolutely must not be passed. The clearly are in favor of large corporations hedge funds to default on their risky/predatory plays without any cost to them. This is an absolute shocking display of not protecting the retail investor. The SEC voted on increasing transparency and then does this? Absolutely absurd. The SEC has a duty to protect the retail investors but to the rest of the world it is becoming more and more obvious that the entity is corrupt and turns a blind eye if someone rich enough decides to cheat. Corrupt to the core. I stand with millions of other people who you have failed over and over again. This can not pass and the transparency in the stock market must be increased. Dark Pools and PFOF only always for absolute abuse from hedge funds and market makers. PFOF is even outlawed in other countries why has it remained here when it is obvious that it gets abused. Corruption once again. This is a complete failure of a entity as far as I am concerned.