Apr. 09, 2021
I am a retail investor from South Australia. I would like to put forward my comments regarding rule SR-NSCC-2021-801. I believe this rule - if enacted- is a step in the right direction towards accountability for those who engage in illegal naked short selling/failing to deliver shares. 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 progress. I would like to see this rule passed and implemented immediately. I believe it is time for everyone to have a level playing field on the stock market, not for those who have more capital to trade with. Lastly on this ruling, I would like to see stronger penalties enacted for non compliance and violation of this rule. Thank you for your consideration in this matter. Sincerely, Alex Terek