Subject: SR-NSCC-2022-003-proposed new rule
From: Tom Kenna
Affiliation:

Apr. 20, 2022

 


Hello SEC, 


I am writing to oppose the proposed new rule RS-NSCC-2022-003. 


It does not promote market transparency. 


The rule is also written as if a party or parties which abuse the Fail To Deliver (FTD) are looking for help with bad bets again. 


This is not “free market,” and this is not helpful when trying to lessen the impact of FTDs. 


Vote no. 


Thanks, 
Tom K. 
Lisle, IL 60532