Subject: File No. SR-NSCC-2022-003
From: Jared Horvitz

April 20, 2022

This rule does not protect the interest of everyday retail investors such as myself, instead this protects those with massive positions that are sold short and will be able to pay almost nothing to get out of it, which makes no sense. If markets are fair everyone should be allowed to win and lose the same but this gives major benefits to losers.