Jun. 01, 2022
June 1, 2022 I am hereby commenting on NSCC-2022-003. This filing is against everything the retail investor stands for. This ruling gives the opportunity for hedgefunds and Market Makers to continue their unfair trading practices. This ruling gives them an opportunity to not be held responsible for bad trades and practices they have commited. I understand protecting the financial system from a meltdown, but to what cost of the retail investor? 401ks are carelessly being used and people who have worked long and hard will be affected. I propose that this ruling be voted against and not see fruition. Hedgefunds and Market Makers have made their bed, they have made bad investments and have used tactics such as naked shorting, PFOF and abusive darkpool usage. They need to be held accountable for their actions, not given a doorway to continue these practices which is exactly what NSCC003 is giving them. We implore you, do not pass this filing through. It is unfair and unjust. The people deserve a free and fair market, and nscc003 does not make that possible. This ruling benefits no one but market makers and hedgefunds. The time has come for them to answer for all they have done to put this economy and financial market into the state that it is in. Thank you.