Subject: SR-NSCC-2022-801
From: dgriswold>

Apr. 20, 2022

 


This is insane. 


Bad actors are kicking FTDs down the road. They're breaking the rules and now want to change them so that they're no longer breaking them and can deliver a different security as long as the "value" is the same? 


Every security has different potential. If I loaned out $1000 of apple stock and someone returned $1000 of sears, that's not equivalent value. 


Please stop this rule from being enacted. 







Sent from my Verizon, Samsung Galaxy smartphone