Apr. 20, 2022
To whom it may concern, This rule cannot be allowed to pass. It is a disgusting attempt to pull the wool over the eyes of retail and further remove price discovery. If the SEC allows this to pass, I and many other will lose complete faith in this “free market” that has seen the abuse by institutions and nefarious actors become the primary practice of business. If I as a retail investor failed to delivery obligation, my account would be force closed and liquidated, I wouldn’t be able to cover my obligations at the difference upon close. If I can’t, there is no way in hell a large institution should be able to. It would be complete and utter bullshit. Do not pass this and do your damn jobs to protect the integrity of the overall market instead of your former colleagues bonuses. You do not have my permission to publicly release my comments with my contact Information.