Apr. 20, 2022
To whom it may concern The following is my comment for the file number SR-NSCC-2022-003: I have read the file stated as above and as a retail investor who invests regularly & believes in a fair and transparent market to work for the economy of the United States, this rule proposes the opposite of what a "fair" market is supposed to be. This rule encourages for malicious participants to continue their lack of transparency and prone to more wrongdoing in the market, such as what infinite security lending by rolling over Failure-to-delivers, to continue naked shorting stocks without any real repercussions to the offending parties. This is a huge deal and many retail investors can also agree as this would essentially kick the can of Failure to delivers and worsen price discovery for assets. How could we even know the true underlying price of an asset if the price does not move because to price and demand, rather than dark pool abuse and naked shorting by short hedgefunds and market maker and other financial institutes? How arecompanies and corporations in the United States supposed to prosper and create wealth for its investors if the prices are always controlled and manipulated by bad actors in the market? This rule will not do anything good for the regular investor and worsen the current market implications, as investors both nationally and internationally are starting to see through the cracks and lose faith in the system. This is disappointing and I hope you all can work for whom you're supposed to protect: The Retail Investor.