Subject: SR-NSCC-2022-801
From: Chase Goesling
Affiliation:

Apr. 20, 2022

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Regarding SR-NSCC-2022-801, this rule is similar to legalizing check kiting but on a securities level. Let me inform you that check kiting is illegal. If we allow check kiting to be legal what would happen? Everything would fail! This rule is a free money hack!

Reject this rule! I disapprove!