Apr. 20, 2022
I write to comment on the proposed rule SR-NSCC-2022-003. This is a terrible idea as it will further undermine public trust in markets and financial institutions. This rule operates only to protect bad actors who have illegally manipulated market mechanics. It is not one that promotes the fair and efficient development of capital. Rules like this act only to protect the few from the crimes they committed against the many. If a rule such as this is implemented, it will signal to many investors like myself that the American Financial System is not an honest and fair market. Capital will be pulled and the American People will suffer. Don't implement this rule. You know it is wrong. Have courage and protect retail investors. I hope you listen to the people and not your pocketbook. Sincerely, Jeff Lebowski