Subject: SR-NSCC-2022-003
From: Adrian McGill
Affiliation:

Apr. 20, 2022

 

As a retail investor, the content of this new rule proposal is extremely disturbing. This rule would effectively allow for continuation, and worsening of Failure To Delivers (FTDs), which can be, and have been abused by market participants. This rule targets the interests of retail investors directly in a way that can only be perceived as corrupt.