Subject: SR-NSCC-2022-003
From: Bobby Sponheimer
Affiliation:

Apr. 20, 2022



To the SEC,

I am writing to oppose rule SR-NSCC-2022-003. As a member of a family
which includes four individual investors, I speak for each of us.

If this rule goes through, and gets accepted, the faith in the
financial system greatly erodes for the retail investor. The amount of
capital that our family contributes to the market each year is a
massive amount. This rule will force our family to exit the market
completely, without hesitation.

FTDs are a very important issue that continues to be avoided by the
SEC. This highly important issue needs to improve, not worsen.

To turn this rule down, you would be instilling confidence in the
system, at a time that it greatly requires it.

Sincerely,
Robert Sponheimer