Apr. 20, 2022
To whom it may concern at the SEC, Rules SR-NSCC-2022-003 and SR-NSCC-2022-801 are fraudulent and to the absolute disinterest of the entire market besides institutional investors attempting to shirk their fiduciary duties. These rules heavily threaten price discovery and completion in the markets. The rules would allow for institutional investors to avoid the infinite risk of short positions and naked short positions. This would allow for complete control over lit exchange prices and price discovery. This would also allows for outright control of stock prices. Control stock prices, unchecked? These rules are an affront to all participants in the market that may be manipulated by their installation. This would lead to the destruction of the market. Please consider the damage this could do.