Subject: SR-NSCC-2022-003
From: Andre Zeppa
Affiliation:

Apr. 20, 2022

 

Fair & orderly markets need more locates and less borrowing. This rule is to help shorting firms or individuals to escape or delay their regshow requirements and is just another reason for companies to be shorted excessively without repercussions. This rule is essentially taking away the infinite risk of shorting, which is not retails problem. This is a rule designed to help market makers and hedge funds this rule does nothing to help create more transparent or fair markets for retail investors, and in authorizing this rule change would only benefit to one side of the trade which is not a FREE market. So I will leave you with this I, and thousands of retail investors are strongly against this rule amendment and believe this should be closed and not amended to benefit only certain individuals (none of which are retail investors. 
Thanks 


Andre Zeppa