Subject: File No. SR-NSCC-2022-801
From: Adam Paca
Affiliation: IT professional, Retail Investor

April 20, 2022

The proposal introduces a mechanism, which does address but does not treat the illiquidity issues and associated FTDs. The mechanism does not help retail investors in anyway, but empowers big wall street players with another market abuse mechanism. I suggest the FTD issue to be addressed by more strictly enforcing the rules and increasing the penalties for the wrongdoing.