July 13, 2023
concern,
I cannot, in good faith, support these proposed rule filings, as they feature heavily redacted sections which omit, obfuscate or prevent the dissemination of key information contained therein. A customer is entitled to real time information
Clearing Agencies (including DTC, NSCC and FICC) who are acting in a fiduciary capacity should not be permitted to mix a customers funds that should be segregated for safekeeping and proper accounting and fiduciary purposes. Separating customer assets from a companys assets is a key protection to keep companies from \"accidentally\" counting customer money as their own. Without segregation of customers funds it is near impossible to accurately account for a customers assets when the customer requests a real time balance of their funds.