Apr. 21, 2022
To whom it may concern: I am an individual American investor, and am very concerned about the proposed rule SR-NRCC-2022-03. I have cqrefully read through the rule, and it appears that this rule change would not act in the interest of any long-term stock investor. This rule would increase the possibility of the avoidance of true market price discovery through continuous lending. It would also put a potential cap on the infinite risk inherent in naked shorting. Allowing naked shorting without any potential risk puts the American economy in serious risk. The taxpayer could be placed in a situation similar to the crash of 2008, with the treasury once again bailing out a failed financial market due to lack of proper oversight. Please note that I will be reaching out to my congressman Dean Phillips, as well as Senators Amy Klobuchar and Tina Smith. Thank you, Matthew Schularick