May 7, 2021
To whom it may concern,
I was very excited to see that SR-NSCC-2021-801 passed without objection earlier this week. I was surprised and dismayed to see that the comment period for this document, which is closely tied with the above-mentioned 801, was extended on the last day for comments.
The NSCC needs the power to margin call abusive naked short sellers as soon as possible. Delaying safeguards such as this puts the entire financial system at risk when naked short sellers are allowed to continue to evade scrutiny and double down on their abusive naked short positions without needing to provide the necessary collateral to offset their risks.
Please implement this as soon as possible. Stop allowing naked short sellers to kick the can down the road.