Apr. 20, 2022
Dear SEC.gov Regarding the title rule SR-NSCC-2022-003 This is a terrible rule and should not be implemented how about enforcing the rules that already exist.. (but don’t enforce) Here’s some suggestions of what we ALL as retail traders want to see… Flat out BAN payment for order flow. Flat out BAN the usage of DARK POOLS. ALL retail buys go to LIT MARKETS. Complete BAN on naked/synthetic shares. (which flood the current market system and dilute and distort any GENUINE PRICE DISVOVERY only to the advantage of market makers, hedge funds, prime brokers, major banks and foul players… All to the the detriment of retail traders) Your supposed to be regulating these markets and making it a level playing field for all… …so how about you do just what it is that you exist to accomplish! Implementation of the above suggested rules ENFORCED will achieve EXACTLY THAT! N MCLAUGHLIN BSc Retail trader Sent from my iPhone