Subject: File No. SR-NSCC-2022-801
From: Marcin

April 19, 2022

If I'm understanding this proposition correctly, it is intended to allow poorly managed, high-risk funds a \"get out of jail free card\" in the event of a dramatic shift in the market. Why are they so overleveraged in the first place? It almost seems intentional.

I believe the commission should focus more on rebuilding the trust of the public as it relates to our country's financial sector. Clarity and simplification is needed, not more complex share lending/clearing.