Apr. 09, 2021
To whomever it may concern, I am an individual foreign retail investor and would like to express my opinion regarding this new proposed rule SR-NSCC-2021-801. I sincerely believe that if this rule is passed, then that would be a step in the right direction towards accountability for those who engage in the short selling/stock borrowing program. It is time for an update to the current RegSHO closeout requirements and I believe that this SLD change in process from Monthly to Daily settlement is good progress towards that goal I would like to see this rule passed and implemented on an ASAP timeline. Lastly on this ruling, I would really love to see stronger penalties enacted for non compliance and violation of this rule. Thank you for your time & consideration in this matter. Sincerely, Sebastian Skalski