Apr. 21, 2022
Hello, I am writing to give my opinion on the above new rules you are considering regarding the stock market. ***I am one of millions of retail investors that are investing money in the US stock market**** These proposals threaten Market Justice and Fairness for All, including the retail investors. NSCC-2022-801 is a safety net for institutions with overleveraged positions to hold owed securities, but ensures sales are delivered in the market, preventing FTDs. NSCC-2022-003 limits the positions that need to be liquidated to reduce the volume of required sales activity in the market. This would essentially create a "legal" backdoor for overleveraged hedge funds to launder illegal naked shorts sells and FTDs. I strongly believe that short sellers should be held accountable to closing their overleveraged positions first. Failure to do so will mark the event as the GREATEST FINANCIAL THEFT IN STOCK MARKET HISTORY. Millions of retail investors put money in 401k's to be invested in the stock market. Keep this in mind as well. Let the working class investor(99 percent of us) make some profit in the stock market and stop letting the 1 percent win. Please don't turn a blind eye to what is happening. Don't let greed take your soul. Sincerely, Deborah Horvath