Subject: SR-NSCC-2022-003
From: Jerry A
Affiliation:

Apr. 20, 2022


I oppose the proposal SR-NSCC-2022-003. This proposal cannot be allowed to move forward. It is nothing short of a declaration of war against retail stock traders. This proposal allows Hedge Funds to ignore their contractual obligations of buying back borrowed securities on the open market. I call this thievery. Contracts MUST be obeyed, this is basic commerce.