Subject: File No. SR-NSCC-2021-801
From: Isaac Owens
Affiliation:

Apr. 09, 2021


To whom it may concern,

I would like to express my personal appreciation for this filing as the companion amendment to “DTC-003” and the potential changes it would bring.

Shorting in its current state brings forth many dangers to our stock market and subsequently the economy as a whole. Many organizations and individuals have made a habit of over-leveraging themselves to purchase securities and short stocks, among other things, and heavier oversight into these matters is imperative.

As a retail investor, I feel it is crucial to take action and increase the penalties given to all who willingly avoid following SEC rules to a punishment fitting the crime. This filing takes steps towards bringing accountability to those who those who attempt to manipulate the market in their favor.

If this filing does not pass, it is my opinion that it will make the SEC appear complicit in market manipulation, which would weaken the market in the eyes of the world.

It is my desire, and I hope it is yours as well, to strengthen the American economy and making moves to help heal the broken portions of the system would go a long way to securing our future.

I appreciate the opportunity to share my thoughts on these matters.

Sincerely,

Isaac Owens