April 20, 2022
This proposed rule change (SR-NSCC-2022-003) is an outrage and spits in the face of any investor that puts money into the market to provide capital to a business they personally believe in. The market should not require an additional vehicle by which to facilitate(s) the ability of market participants to make delivery on short-sales, and thereby avoid failures to deliver, naked shorts, and similar situations (p.4) because naked short selling is ILLEGAL and any instances of it occurring accidentally need to induce AGRESSIVE penalties rather than handing these entities what seems to be a REPO facility that further SUPPLEMENTS their ability to suppress fair price discovery and dictate the value of market securities through the ILLEGAL, SUSTAINED dilution of legitimate shares.
These Market Makers and Market Participants already have enough ammunition against the individual investor and businesses/boards of companies they have decided to target with their ILLEGAL NAKED SHORTING, SHORT-AND-DISTORT TACTICS, SHORT-LADDER ATTACKS, ORDER SPOOFING, BOARD/CONSULTANT PLANTS, MARRIED PUT-CALL SHORT CLOAKING AND FAILURES TO SELF-REPORT. The complexity and length of this rule proposal alone is enough to make one believe that this rule proposal is hiding sinister intentions that give no support to the retail investor (THE AVERAGE AMERICAN PERSON) and instead provides large financial institutions, Market Makers and Hedge Funds, and Prime Brokers THE MEANS BY WHICH TO CONTINUE EXPLOITING OUR FINANCIAL SYSTEMS FOR THEIR OWN PROFIT.
As a retail investor I am utterly ashamed of myself for letting the state of the American financial and equity markets become so APPALLING. I am not going to sit idly by anymore and continue to let large institutions, banks, private equity firms, and capital management facilities ABSOLUTELY DRAIN the value out of the AMERICAN PEOPLE. To the Securities Exchange Commission, I ask that you please support the AVERAGE AMERICAN CITIZEN AND INVESTOR and remove this rule change from consideration, including any reformed versions of these changes to come. We are ready to stand up. We need YOU to stand with us.