Apr. 19, 2022
Dear SEC, Rule SR–NSCC– 2022–801 is a disgusting attempt by Wall Street banks to obfuscate their responsibilities to retail investors and try to make each proposed ruling as difficult and convoluted as possible to dissuade retail investors from knowing what’s in their best interest. As an international investor in American stock exchanges I am appalled at the lack of fair regulation over dark pools, ETF manipulation, corruption, Wall Street influence and lack of regulatory oversight on big banks. If this proposal would go ahead it would be a huge hit to investor rights in American stock markets and allow hedge funds to obfuscate their own responsibilities for irresponsible bets they’ve taken out at the risk of taxpayers bailing them out when they fail. This rule should NOT be approved by any stretch as it is a disgusting attempt to corrupt the already weak American stock market. Regards, An international Investor who would like to partake in a non corrupt American stock market.