April 20, 2022
In regards to SR-NSCC-2022-801, as a retail investor, this proposal allows the continued abuse of FTD's and further incentivizes abusive naked shorting. This fraudulent activity is only justified in the name of liquidity. The free and fair U.S markets can not stand with integrity if proposals like this are allowed to pass. Individual investors have zero ability to participate in this market aside from having their money taken. Entities that abuse these abilities are the ones that need to be regulated, removed, or replaced. Instead, it is proposals like this that reward and incentivize further fraudulent behavior.