Subject: File No. SR-NSCC-2022-003
From: Jonathon Mundy

April 22, 2022

I am harshly shocked to see that this instrument of regulation is being considered as fair. By the same logic, I should be able to over leverage myself with the use of my collateral and receive a no recourse if I choose to abuse this power and find myself in a bad spot because of my poor reinvestments. This is unfair and predicated by greed and corruption. The SEC is not serving the interest of the American investor and it clearly shows with rules such as this I kindly ask that this ruling be rejected and that the SEC enforces the NSCC to serve the interest of the public rather than large funds and financial institutions.