Apr. 19, 2022
Hi, Retail investor here. Just learned about SR-NSCC-2022-801 and am appalled that this is even being proposed. It's very clear that proposals like these are to protect big money (aka Wall Street) and anyone on their payroll and is not in the best interest of retail investors. If Wall Street wants to attempt to short a company into oblivion, they open themselves up to infinite losses because of their own actions. They shouldn't have an "easy-out" for their FTDs but instead be on the hook for the security they chose to short. I know I am just one retail investor but I demand that this proposal be withdrawn immediately! Sincerely, One of many Retail Investors