Apr. 19, 2022
Hello, This proposal, SR-NSCC-2022-003, is not in the interest of retail. This does not lead to more transparency in our markets. The complexity of the 43 page proposal was designed to not be understandable to the average “retail” investor such as myself. I feel strongly that this type of proposal is instead made for the benefit of large hedge funds and banks. To what benefit does retail gain from this proposal? How does such a proposal lead to a free and fair market? Those questions I still have yet to answer, and to be frank, I don’t think I can find a legitimate line of reasoning that would say that this proposal helps small individual investors. In no way does SR-NSCC-2022-003 have my support. My comment is one in a sea of others, however, I hope it reaches the right person and helps to show that the common people do not support this proposal. Thank you for your time, Austin Tague -- Austin