Subject: File No. SR-NSCC-2022-003
From: Matt Towe
Affiliation: Individual Investor

April 22, 2022

This proposed rule change is obviously designed to protect institutions from the natural consequences of illegal activity in the stock market while harming middle class hardworking investors, specifically the engagement in synthetic share/naked short transactions, which have been used to artificially suppress and manipulate stock prices. This proposed rule protects large and powerful entities from losses due to their own poor investments, an advantage that common retail investors don't enjoy. The common retail investor can lose everything and the regulatory agencies do not seem to care, while the large and powerful hedge funds always seem to have the safety net of nefarious rule changes or bailouts. We are the victims of corrupt and illegal stock market practices being committed by hedge funds, market makers, brokers, etc. And this time, we are watching. If retail investors are not properly represented and protected moving forward, our voices WILL be heard around the world, and this will have a negative impact on the markets as a whole moving forward. This proposed rule would be comparable to me as an individual being overexposed in risk and receiving a margin call where I could simply print that margin call capital out of thin air, its not right and highly shameful and illegal if you ask me. Please do not pass this rule as we have had enough of the these manipulations and will vacate the markets if this continues.