Subject: SR-NSCC-2022-003
From: Graeme Arnaud
Affiliation:

Apr. 21, 2022



As a retail investor I am opposed to the rule SR-NSCC-2022-003. Market makers, institutions and hedge funds already have multiple avenues to exploit securities and inhibit price discovery through dark pools, swaps and by simply failing to deliver (Failure To Delivers). SR-NSCC-2022-003 as a whole will not aid in free and fair markets. 


No to SR-NSCC-2022-003 


-Graeme