Subject: File No. SR-NSCC-2022-801
From: Dr. Kyle Murbach
Affiliation: Kyle Murbach

April 20, 2022

I am a retail investor and I oppose this rule. It does not create transparency in the market and does not benefit the everyday retail investors. It instead creates a new loophole that will certainly be abused by market makers. It doesnt promote a fair market and should NOT be adopted.

-- Kyle, your everyday retail investor