Subject: File No. SR-NSCC-2022-003
From: Teran Allen
Affiliation: Operations

April 23, 2022

This rule puts retail at a disadvantage and enables predatory short selling and financial fraud.

We are tired of seeing the market makers continue to receive get out of jail free cards when they over leveraged or make bad bets.

Crating liquidity through synthetic shares to meet margin thresholds and satisfy FTDs is insane, when there should be rules in place to prevent the situation in the first place.

We continue to stumble down this slippery slope, I fear what the market is becoming.