Apr. 20, 2022
Dear Madam or Sir, After reading the proposed rule SR-NSCC-801-2022, it is clear that this rule is not in the best interests of retail market participants. The rule proposes allowing market participants to never actually have to settle trades that FTD, offsetting any risk the trades may have presented them. This rule stinks. It removes competition from the markets to those who are or maybe become over leveraged in their efforts to short American companies. As a retail investor I have to accept any losses that I’m exposed to and am not offered a means by which I can avoid realizing those losses. The same should be true of all participants in the market. Kindly, Chris Plasencia -- Thank You Chris Plasencia 813-394-2874