Subject: NSCC-2022-003 and NSCC-2022-801
From: Chris Gannon
Affiliation:

Apr. 26, 2022



To whom it may concern.

Myself as well as millions upon millions of Americans (and millions of foreign investors) vehemently disagree with these proposed rules. To enact them is protecting the Wall Street elite, giving them a pass for their horrific and possibly massively illegal practices. You would NEVER do such a thing for a main street investor and you SHOULD NOT even consider doing it for the wealthy elite who’ve bet themselves into positions that will most likely put them out of business… and they did it to themselves.

They made bad bets and they should be forced to take responsibility for those bets which include suffering the consequences, both financial and legal, as everybody else would be forced to do. I don’t ever see or hear of you creating new “rules” to bail out average, everyday investors.

To move forward with this, in my opinion, would be nothing less than the greatest financial theft in stock market history. How do you think the investing masses will respond to that?

You must do what’s right for the “people,” not screw the people in order to save those who have screwed themselves while trying to screw the people.

 Very sincerely,

C.G.

Sent from my iPad