Subject: Re: SR-NSCC-2022-801
From: Chris Barounos
Affiliation:

Apr. 21, 2022

 


To Whom it May Concern, 


I am a retail investor from Steamboat Springs, Colorado, and I can't deny that I am outraged that the new proposed rule change (SR-NSCC-2022-801), would allow for FTD's to continue and increase in conjunction with all of the naked shorting and dark pool trading that is the talk of the town right now. It is highly illegal what the hedge funds have been getting away with, and their interests do not represent the interests of the common man/woman in a free market. They SHOULD NOT be allowed to continue these practices. In fact, they need to be held accountable by both the investors holding their overly-shorted positions, and by the legal authorities that they have been evading for so long. 


The last thing this country needs right now is another loophole for hedge funds run by billionaires for the profit of billionaires. The proposed rule change would be completely against the free market and should therefore be categorically voted negative. 


I request that this proposed rule be denied and that similar rules are not proposed in the future, as similar iterations of this proposed policy have been rejected in the past and continue to be rejected by the American community of retail investors and the SEC each time the idea resurfaces. The repeated attempts and pressures for such a measure to be passed after multiple rejections reflects a predatory desire for malpractice on behalf of the predatory large market players. 


Thank you for taking the time to read my suggestion and heartfelt opinion on this issue, and I hope that you honor your obligations to protect investors from the greed and predatory behaviors of large-scale financial entities. 


Yours sincerely, 


Christopher D. Barounos 
Retail Investor 
2020 Bear Dr 
Steamboat Springs, CO 
80487