Apr. 20, 2022
Dear SEC, I believe a truly free market benefits all participants. The SEC is the United States best tool/agency for creating and enforcing a truly free market. We look to you to be a thought leader and example in this space. For a free market to exist the Ivy Leaguer and the farmer NEED to have similar access to the same financial levers. Both from a policy as well as a transparency/reporting perspective. SR-NSCC-2022-003 is an additional lever that the average retail investor WILL NOT HAVE ACCESS TO. It also incentivizes FTDs to persist and accelerate. This is against to a free market in almost every quantifiable category. Introducing more complexity to an already fragile market is robbing Peter to pay Paul and I stand FIRMLY against this type of short-sighted thinking. I want to clearly state that I am unequivocally and entirely against this proposed rule. PLEASE DO NOT MOVE FORWARD WITH NSCC-2022-003. Doing so will be a strong indicator that you do not advocate for the average retail investor nor the stability and LONG TERM potential of our financial markets. There is a new generation of investors that truly care about and watch the decisions you are making. Those decisions impact our immediate future as well as yours. Thanks! Respectfully, Thomas Nielsen