Apr. 20, 2022
Hi, I’m a retail investor and your new SR-NSCC-2022-003 rule frustrates me that you’re letting Wall Street members and hedge funds continue to avoid obligations on the significant amount of FTD’s that they hold. This does not create fair markets. This does not help retail investors. I am against this rule and any other rule that heavily favors Wall Street members (Prime Brokers, Market Makers, Hedge Funds). I want rules that are fully and transparently fair. The market is currently very unfair and market makers are using their significant influence to avoid paying FTD’s and not closing out their short positions. I am a very concerned investor. The SEC needs to actually do their job and hold bad actors fully accountable for their manipulation. Thank you, George Kiefer