Subject: Opposition to proposed rule SR-NSCC-2022-801
From: Jared Hannah
Affiliation:

Apr. 20, 2022

 


To whom it may concern, 


My involvement in the United States stock market and it's future for the average retail investor is threatened by the implementation of SR-NSCC-2022-801. The addition of this rule implies that the SEC has no concern for the security of the American people as individual investors, as the rule favors the shielding if naked shorting practices from their inherently dangerous use by large financial institutions, which continue to demonstrate their demand and greed driven desire to have as many ridiculously unfair advantages over individuals as possible. 
The presence of rampant Failure To Delivers, naked shorts, and unascertainable derivatives within the market is well known at this point, though the extent of each is not fully disclosed or revealed. SR-NSCC-2022-801 provides more avenues for financial wrongdoers to continue exercising these exploits and stealing from the American people. 
The implementation of this rule, in my opinion, would cast serious doubt on the SEC and other managing government branches ability to truly do their job and defend investors on an equal playing field. 


I do hope you take my comments seriously and remove SR-NSCC-2022-801 from existence and execution in financial markets. 


Thank you for your time. 


Best Regards, 


Jared Hannah