Apr. 20, 2022
To Whom it May Concern: I am a retail investor who is very concerned about the new proposed rule SR-NSCC-2022-003 which will further exacerbate the already out of control Failure To Deliver Situation. A similar version to this rule has already been proposed and denied a couple times so far. The SEC is wasting their time entertaining the same thing again. Please remove this proposed rule and do not allow any other iteration which would strive to accomplish the same goal. Retail investors from all over the world are digging up and finding blatant abuses by large Wall Street firms of rules and regulations already in place. Allowing Short Hedge Funds to effectively never buy-in shares which they are obligated to supply does not represent a free and fair market. These risky bets they do not wish to pay on destabilize and challenge any legitimacy to the market. The SEC should be providing regulation and proper enforcement of rules already in place to protect investors regardless of their net worth. Allowing FTDs to carry-on indefinitely will destroy trust in our market and result in investors around the world pulling their money from our markets. Thank you for your attention to this matter, Justin Kilmer