Apr. 20, 2022
Hello, I’m commenting on the proposed rule SR-NSCC-2022-003 as a retail investor who does not believe this rule is in my best interest. I do not believe that the problems caused by short selling and manipulative lending of securities can be solved with even MORE lending of securities the way that this rule proposes. I do not believe that adding more layers of complexity to an already complex system makes that system freer or fairer and may in fact do the opposite. The complexity of the system as it is is certainly not fair to the average retail investor, and the problem would be compounded if the rule change went through. I work physical labor as a professional mover and though I have personal interest, investment and intellectual curiosity regarding the way our markets work, I do not have the same time or opportunity to use the financial system to my advantage the way that the big institutions do. Please consider me and other working-class investors like me, and do not pass the proposed rule change. Thank you for your time and the opportunity to voice my concerns, Cassandra Smith