Subject: File No. S7-05-22
From: Will Suh
Affiliation: Data Scientist

February 19, 2022

I fully agree with this proposed rule changes. Shortening the settlement time to T+1 will protect investors, reduce risk, and increase operational efficiency. We have the technology to implement T+1 settlement and this will help level the playing field for individual investors by providing more up-to-date data.

T+1 will also benefit institutional traders by lowering their margin requirements and improving liquidity in the market.

Securities and Exchange Board of India (SEBI) started to implement T+1 settlement and it is time for America to adopt it as well and lead the way.