Apr. 20, 2022
Hello, I'm writing today to express my anger and frustration over the proposed rule change (SR-NSCC-2022-003) which in effect would allow wire fraud to be committed on a massive scale. The new rule allows Failure to delivers and naked shorting of stock to continue indefinitely essentially allowing bad faith parties to "kite checks" in the the form of securities. This rule is a slap in the face of retail investors who would promptly be fined and jailed if they were to even attempt to conduct themselves in the manner that will be allowed to institutional investors if this rule change passes. With concern for a free and market, James Ogureck