April 22, 2022
34-94694 File No. SR-NSCC-2022-003
Regarding this rule referencing the issues of liquidity of 2008 and allowing hedge funds to avoid margin calls as they are over leveraged defrauds the market. This rule in effect risks the belief of a free market, as this rule proves it is not a free market since consequences for unnecessary risky maneuvers put at risk investors, but those who take these risks will be bailed out by new rules from the NSCC. Instead of creating loopholes for hedge funds, market makers, and banks to avoid the consequences of their mistakes, regulation should have been implemented so they do not invest collateral. This makes no sense and puts our markets at risk. Instead of creating more loopholes to help these funds, create regulation for them to help all investors.