Subject: SR-NSCC-2022-801
From: Gabe Tisher
Affiliation:

Apr. 20, 2022

 


To whom it may concern:

I am not shocked to read that another method of eliminating the free market has been proposed. In essence, that is exactly what eliminating/replacing FTD obligations will do. In the current market environment, no one more than retail will be harmed in passing this rule and the solid investments they have made will likely be greatly weakened. 

Approving SR-NSCC-2022-801 would be directly violating the SEC mandate to protect retail investors. 

Vr, 

Gabriel Tisher