Subject: File No. SR-NSCC-2022-003
From: John Robinson
Affiliation: None

April 22, 2022

I object to this new rule. It is unfair to retail investors and the companies who get shorted into bankruptcy by the hedge funds etc who use fake/synthetic shares to manipulate the market and push share prices down.

Retail buyers of stocks and shares need to be protected and this new rule in my opinion does not do that.

Thank you
John Robinson