Apr. 09, 2021
Dear SEC, I wanted to share my opinion that the proposed rules outlined in SR-NSCC-2021-801 are a necessary change that must be made to ensure the integrity of our markets. This has been a very interesting and eventful year to say the least. We have seen several securities behave irrationally due to the reckless and greedy nature of some of these hedge funds, and I personally believe that this cannot go on without causing serious harm to our financial system and public perception of our markets. Some of those involved in these risky and dangerous positions have been fined countless times over the years and have essentially written off these fines as the cost of doing business without making any changes to their practice. It is time to hold these institutions accountable, and this rule change will allow that. Without regulation, there will be no market correction and this behaviour will persist and could be detrimental to our financial future. Thank you for your time and commitment to the American People. Respectfully, A hard working healthcare employee