Subject: File No. SR-NSCC-2022-003
From: Ryan Fagan
Affiliation: worried retail investor

April 23, 2022

This removes all responsibility from over extended individuals who have sold and have no bought back at fair value. This would also cause extra synthetics to be produced and we will basically start to be the LME and people will lose trust in our stock markets. This is clearly a bad decision if it goes through it will hurt even the average American.