Apr. 20, 2022
Dear SEC, Good day, I hope this email finds you well. I'm writing this email as I have some concerns regarding the aforementioned NSCC proposed rule: SR-NSCC-2022-003. As a retail investor I'm deeply concerned this rule will absolutely destroy true & fair price discovery for securities. As it reads, if an entity had enough resources they could borrow shares indefinitely, short whatever company they wanted to a price they deemed worthy & via SFT and never have to purchase the FTDs on a lit exchange. The rule with all its fancy wording would destroy the free & fair marketplace you, at the SEC have worked so hard to create for the average retail investor. Please don't pass this rule. It would be no different than if I maxed my credit cards every day, at night via SFT they were back to 0 the next day and ready to be maxed again. Thank you for your time. Securities have a hard enough time with price discovery because of dark pools, it doesn't need this. Thank you for your time. Sent from my Verizon, Samsung Galaxy smartphone