Subject: SR-NSCC-2022-801
From: Sarah Smith
Affiliation:

Apr. 22, 2022

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As a retail investor I find this new rule insulting to say the least. It would seem to allow big players to not have to make good on their FTDs. That is not fair. We have got to stop bailing out big players who make bad bets. If 2008 taught us anything it's that if you give cheaters more money they will continue to cheat. At the very least please extend the comment period for this rule so that we, retail investors who don't have teams of lawyers, can read and digest this rule. Better yet, please remove it from the books in the same way 010 was removed. 


Thank you 
Sarah