Subject: SR-NSCC-2022-003
From: Anthony Dotson
Affiliation:

Apr. 20, 2022

 


Mr. Gensler & SEC, 


In reading the proposed changes you have outlined in the proposed rule change above, if I am understanding correctly it seems like the SEC is wholly trying to change the rules of the game during the 4th quarter. The change proposed in this outline is to the absolute detriment of the retail investor, and continues to enable bad faith actors to continue to "kick the can" down the road until a time that suits Wall Street, big banks, and hedge funds. It will continue to enable the naked shorting of companies, while allowing hedge funds and others that have contributed to illegal activities a "way out" of their over leveraged position. 


I find it troubling that the SEC continues to try and marginalize the retail investor by proposing complex rule changes to the market while potentially turning a blind eye to the illicit activities that take place daily in the stock market. 


I urge you, in order to keep faith in the US stock market to discontinue proposing these types of rule changes that continually put the retail investor at a disadvantage. 


Respectfully, 
Anthony Dotson 


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