Subject: SR-NSCC-2022-003
From: Neal Alexander Armstrong
Affiliation:

Apr. 20, 2022

 


As a retail investor I am opposed to this new proposed rule that would effectively allow for FTDs (Failure To Deliver) to continue, which can be abused by market makers and used in conjunction with illegal naked shorting and abusive dark pool trade routing to control and suppress the price on security trading. This does not in any way benefit investors and in fact could be extremely harmful. 


Please remove this proposed rule and furthermore please do not try to propose something similar again in the future, as iterations of this have been rejected in the past and continue to be rejected by educated investors every time they resurface. 


Thank you in advance for your timely attention to this matter, and please live up to your obligations and help the investors from predatory behavior by financial institutions. 


Sincerely, 
Neal Alexander Armstrong